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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Amati Vct | LSE:ATI | London | Ordinary Share | GB00B05N8X20 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 96.75 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMAT2 TIDMATI
RNS Number : 2241N
Amati VCT 2 plc
04 May 2018
AMATI VCT PLC AND AMATI VCT 2 PLC
MERGER ANNOUNCEMENT
As announced earlier today, the shareholders of Amati VCT plc voted to approve the final steps required to merge with Amati VCT 2 plc earlier today. The merger is therefore unconditional and Amati VCT plc is now in voluntary liquidation.
Amati VCT 2 plc has been renamed Amati AIM VCT plc with effect from today as elected by shareholders.
As envisaged in the joint shareholder circular published on 9 March 2018 (the "Circular"), Amati AIM VCT plc has today issued 41,231,436 new ordinary shares to the shareholders of Amati VCT plc in return for the transfer to Amati AIM VCT plc of the assets and liabilities of Amati VCT plc. The respective net asset values of the companies were calculated in accordance with the formula set out in the Circular (i.e. a like for like basis) resulting in a rollover ratio of 5.98787 shares in Amati AIM VCT plc being issued for each 10 shares in Amati VCT plc, rounded down to the nearest whole share. Following the issue of these new shares there will be 80,027,463 ordinary shares of Amati AIM VCT plc in issue.
As Amati VCT plc is now in liquidation, the listing on the UKLA's official list and admission to trading on the LSE's main market will be cancelled, expected to be effective at 8.00am on 8 May 2018.
As anticipated, Julian Avery has stepped down from the board of directors and Peter Lawrence, Julia Henderson and Brian Scouler have joined the board of Amati AIM VCT plc.
Share certificates in respect of New Shares issued in certificated form are expected to be sent to Shareholders of Amati VCT plc during the week commencing 14 May 2018.
For further information, please contact Doreen Nic on 0131 5107465 or email info@amatiglobal.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCUSUSRWAAVRAR
(END) Dow Jones Newswires
May 04, 2018 10:22 ET (14:22 GMT)
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