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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Acm Ship | LSE:ACMG | London | Ordinary Share | GB00B1GJ9M21 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 249.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From May 2019 to May 2024
TIDMBMS TIDMACMG
RNS Number : 8047K
Braemar Shipping Services PLC
27 June 2014
27 June 2014
FOR IMMEDIATE RELEASE
RECOMMENDED MERGER OF
BRAEMAR SHIPPING SERVICES PLC ("BRAEMAR")
and
ACM SHIPPING GROUP PLC ("ACM")
to be effected by means of a Scheme of Arrangement
under Part 26 of the Companies Act 2006
UPDATE ON IRREVOCABLE UNDERTAKINGS
Following discussions with the Panel on Takeover and Mergers, Braemar announces that the irrevocable undertaking given by the directors of ACM in favour of Braemar to vote in favour of the Scheme at the ACM Court Meeting and to vote in favour of the ACM Special Resolution to be proposed at the ACM General Meeting contained, in paragraph 2.2, language that should not have been included. Accordingly, the directors of ACM have agreed to enter into new irrevocable undertakings in favour of Braemar on substantially the same terms as the previous undertakings but with the exclusion of that language. The new irrevocable undertakings will be available to view on the ACM and Braemar websites at www.braemarplc.com and www.acmshippinggroup.com in due course.
Capitalised terms used in this announcement are, unless otherwise defined, as set out in the combined class 1 circular and prospectus posted by Braemar to its shareholders and to ACM's shareholders on 12 June 2014.
Hot Features
Premium
Enquiries:
Braemar Shipping +44 (0)20 7535 ACM Shipping +44 (0)20 7484
Services Plc 2650 Group Plc 6311
James Kidwell Johnny Plumbe
- Chief Executive - Executive
Chairman
Martin Beer
- Group Finance Ian Hartley
Director - Finance Director
Westhouse
(financial adviser Buchanan Communications
and corporate +44 (0)20 7601 (PR adviser +44 (0)20 7466
broker to Braemar) 6100 to Braemar) 5000
Robert Finlay Charles Ryland
Antonio Bossi Fiona Henson
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCFRMITMBITBBI
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