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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Bridgewell | LSE:BWL | London | Ordinary Share | GB00B1661Y95 | ORD 0.001P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 115.17 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:7583B Bridgewell Group PLC 08 August 2007 8 August 2007 Bridgewell Group plc Recommended takeover by Landsbanki Islands hf Court confirmation of reduction of capital Bridgewell is pleased to announce that the Court has confirmed the reduction of capital which forms part of the scheme of arrangement under section 425 of the Companies Act 1985 relating to its proposed recommended takeover by Landsbanki (the "Scheme"). It is expected that the Scheme will become effective on Thursday 9 August 2007 and that the admission to trading on AIM of Bridgewell Ordinary Shares will be cancelled at 7.00 a.m. (London time) on that date. Following the Scheme becoming effective, Bridgewell Ordinary Shareholders will receive: for each Scheme Share 12.5 pence in cash AND 3.56888 New Landsbanki Shares New Landsbanki Shares representing fractional entitlements (rounded down to the nearest whole number) will be allotted and issued in the same way as other Landsbanki Shares allotted and issued pursuant to the Scheme in respect of the same holding of Scheme Shares. Satisfaction of the consideration due to holders of Scheme Shares is expected to be effected by 23 August 2007. Capitalised terms in this announcement have the meanings that they have in the document sent to Bridgewell shareholders containing the Scheme dated 16 June 2007. Press enquiries: Bridgewell Paul Manduca / Darren Ellis 020 7003 3000 Maitland (PR adviser to Bridgewell) Neil Bennett 020 7379 5151 Brewin Dolphin Securities Limited (NOMAD) Ken Fleming 0845 213 1120 This information is provided by RNS The company news service from the London Stock Exchange END OUPEVLFBDVBBBBB
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