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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Salvesen (C) | LSE:SVC | London | Ordinary Share | GB0007712762 | ORD 28 1/8P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 91.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Christian Salvesen Christian Salvesen PLC Court order approving scheme of arrangement for recommended offer Suspension of trading Christian Salvesen PLC ("Christian Salvesen") announces that, at a hearing today in the Court of Session, the Court granted an order sanctioning the scheme of arrangement under section 425 of the Companies Act 1985 to effect the recommended acquisition by Groupe Norbert Dentressangle S.A. of the entire issued and to be issued ordinary share capital of Christian Salvesen (the "Scheme") on the terms set out in a circular despatched by Christian Salvesen to its shareholders on 15 October 2007 (the "Scheme Document"). A copy of the court order will be delivered to the Registrar of Companies today. Christian Salvesen will apply to the United Kingdom Listing Authority for the suspension of the listing of its ordinary shares on the Official List and to the London Stock Exchange for the suspension of the trading of its ordinary shares on the London Stock Exchange's market for listed securities, in each case with effect from the close of business on 13 December 2007. Completion of the Transaction remains subject to confirmation by the Court of the reduction of capital which forms part of the Scheme and the registration of the Court order by the Registrar of Companies. This is expected to be received on 14 December 2007, whereupon the Scheme will become effective. Capitalised terms used and not otherwise defined in this announcement have the meanings ascribed to them in the Scheme Document. Enquiries: Christian Salvesen Telephone: +44 (0)1604 737 100 Stewart Oades Julian Steadman UBS Limited Telephone: +44 (0)20 7567 8000 Sean Bennett UBS Limited, which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting for Christian Salvesen and no one else in relation to the Transaction and will not be responsible to anyone other than Christian Salvesen for providing the protections afforded to clients of UBS Limited or for providing advice in relation to the Transaction.
1 Year Christian Salvesen Chart |
1 Month Christian Salvesen Chart |
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