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ANNOUNCEMENT OF SRA APPROVAL
ANNOUNCEMENT OF SRA APPROVAL.
About this update from Zigup Plc
[{"type":"text","content":"\n \nRNS Number : 0798D Northgate PLC 14 February 2020 \n\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION\nFOR IMMEDIATE RELEASE\n14 February 2020\n \nRECOMMENDED ALL-SHARE MERGER OF\nNORTHGATE PLC\nand\nREDDE PLC\nANNOUNCEMENT OF SRA APPROVAL\nNorthgate plc (Northgate) is pleased to announce that the SRA has given the requisite approval for the recommended all-share merger of Northgate and Redde plc (Redde) (the Merger) to proceed, thereby satisfying all of the Conditions to the Merger relating to regulatory approvals. \nThe Merger remains subject to the satisfaction or, where applicable, waiver of certain remaining Conditions, including the sanction of the Scheme by the Court. \nAs announced today by Redde, the Court hearing to sanction the Scheme is expected to take place on 20 February 2020 and the Scheme is expected to become effective on 21 February 2020 with Admission of the New Northgate Shares occurring at 8 a.m. on 24 February 2020.\nTerms used but not defined in this announcement shall have the meaning given to them in the circular to Northgate Shareholders dated 12 December 2019. \nEnquiries\nBuchanan + 44 (0) 207 466 5000\nDavid Rydell\nJamie Hooper\nTilly Abraham\nGoldman Sachs International + 44 (0) 20 7774 1000\n(lead joint financial adviser to\nNorthgate)\nBertie Whitehead\nNick Harper\nJose Barreto \nBarclays Bank PLC (joint financial + 44 (0) 20 7623 2323\nadviser and corporate broker to\nNorthgate)\nRichard Probert\nOsman Akkaya \nMilan Solanki\nLEI number: 213800B3ZUTDOZYVJB41\nImportant Notices\nThis announcement is for information purposes only and does not constitute or form part ...