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LID Lidco Group Plc

11.75
0.00 (0.00%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Lidco Group Plc LSE:LID London Ordinary Share GB0030546849 ORD 0.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 11.75 11.50 12.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

LiDCO Group Plc Notice of Cancellation (9858H)

08/12/2020 6:02pm

UK Regulatory


Lidco (LSE:LID)
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TIDMLID

RNS Number : 9858H

LiDCO Group Plc

08 December 2020

LiDCO Group Plc

("LiDCO" or the "Company")

Notice of Cancellation

LiDCO (AIM: LID), a leading supplier of hemodynamic monitoring solutions, announces that it has applied to the London Stock Exchange for the cancellation of the admission of the Company's shares to trading on AIM.

This follows the announcement released earlier today, where the recommended cash offer made by Masimo LHC Limited ("Masimo") for the entire issued and to be issued share capital of LiDCO ("Offer") was declared wholly unconditional in all respects. Masimo requested that the LiDCO Board takes the necessary steps to apply to the London Stock Exchange for the cancellation of the admission to trading of LiDCO Shares on AIM and to re-register LiDCO as a private limited company under the relevant provisions of the Companies Act.

Accordingly, admission of the Company's shares to trading on AIM will be cancelled with effect from 7.00 a.m. on 11 January 2021. The last day of dealings in the Company's shares on AIM will be 8 January 2021 following which shareholders who have not accepted the Offer will not be able to trade their shares on a public trading platform.

Following cancellation, N+1 Singer will cease to act as nominated adviser and broker to the Company.

Masimo have extended the Offer which will now remain open for acceptances until 1.00pm on 11 January 2021.

For further information:

 
 LiDCO                                       Tel: +44 20 7749 1500 
  Peter Grant (Non-Executive Chairman) 
  Matt Sassone (Chief Executive Officer) 
  Tim Hall (Chief Financial Officer) 
 N+1 Singer - Nominated Adviser and Broker   Tel: +44 20 7496 3600 
  to LiDCO 
  Aubrey Powell 
  George Tzimas 
 
 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

MSCGZMGZRRMGGZM

(END) Dow Jones Newswires

December 08, 2020 13:02 ET (18:02 GMT)

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