Business
Court order sanction Scheme
Court order sanction Scheme.
About this update from Pensana Plc
[{"type":"text","content":"\n RNS Number : 1303K Pan Andean Resources PLC 13 April 2010 \n \n\n \nPan Andean Resources plc\n \nCourt order sanction Scheme\n \nPan Andean Resources plc ('the Company') announces that, at a hearing held today, the High Court sanctioned the Scheme in relation to the recommended proposals for the acquisition of Pan Andean by Petrominerales Ltd. (including the demerger of the North American and Bolivian interests of the Company).\n \nThe Scheme is conditional on the delivery of an office copy of the Court Order sanctioning the Scheme being registered with the Registrar of Companies in England and Wales. This is expected to be on 14 April 2010. The cancellation of admission of Pan Andean Shares to trading on AIM will take effect at 7.00 a.m. on 15 April 2010.\n \nCapitalised terms used in this announcement have the meanings given to them in the Scheme Document.\n \n\n\n\n\nPan Andean Resources\n\n\n+353 (0) 1 8332833\n\n\n\n\nJohn Teeling, Executive Chairman\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSmith & Williamson Corporate Finance Limited\n\n\n+44 (0)117 376 2213\n\n\n\n\nNominated Adviser - Nick Reeve/Martyn Fraser\n\n\n\n\n\n\n\nBroking - Barrie Newton\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCZMGMDKFMGGZM \n ","length":3587,"tagName":"div"}]