Business
Publication of Circular &Notice of General Meeting
Publication of Circular &Notice of General Meeting.
About this update from Synthomer Plc
[{"type":"text","content":"\n \n \n \n Synthomer plc\n \n \n \n \n 16 December 2022\n \n \n \n \n For immediate release\n \n \n \n \n Synthomer plc\n \n \n \n \n \n \n \n Publication of Circular and Notice of General Meeting\n \n \n \n \n \n \n On 13 December 2022, Synthomer plc (\"Synthomer\" or the \"Company\") announced that it had entered into an agreement to sell its laminates, films and coated fabrics businesses to Surteco North America, Inc. (the \"Transaction\").\n \n \n The Company has today published a circular relating to the Transaction (the \"Circular\"), having received approval from the UK Financial Conduct Authority. The Circular will shortly be sent to the Company's shareholders (other than those who have elected for notification by electronic communication).\n \n \n The Transaction constitutes a Class 1 transaction for Synthomer under the Listing Rules and completion of the Transaction (\"Completion\") is conditional upon, among other things, the approval of Synthomer's shareholders at a general meeting of the Company. Accordingly, the Circular contains a notice convening a general meeting of the Company which is to be held at 11:00am on 11 January 2023 at the Company's offices at 45 Pall Mall, London, SW1Y 5JG, United Kingdom (the \"General Meeting\") at which an ordinary resolution will be proposed for Synthomer's shareholders to approve the Transaction.\n \n \n The directors of the Company strongly recommend that shareholders vote by proxy as soon as possible and to appoint the Chair of the General Meeting as their proxy. Further information as to how to vote by proxy can be found in the Notice of General Meeting.\n \n \n The Board expects that, subject to certain regulatory approvals, customary closing conditions and certain other conditions, Completion will occur in\n Q1 2023\n .\n \n \n A copy of the Circular will be submitted to the National Storage Mechanism and the Circular will shortly be available for inspection at\n https://data.fca.org.uk/#/nsm/nationalstoragemechanism\n . In addition, a copy of the Circular will be available for inspection on the Company's website at\n \n \n https://www.synthomer.com/\n \n \n from the date of the Circular up to and including the date of the General Meeting and for the duration of the General Meeting.\n \n \n \n \n \n \n \n \n Enquiries:\n \n \n \n \n Synthomer plc\n ...