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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Enodis | LSE:ENO | London | Ordinary Share | GB0000931526 | 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% | 327.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number : 6248G Enodis PLC 24 October 2008 Not for release, publication or distribution in whole or in part in, into or from any jurisdiction where to do the same would constitute a violation of the relevant laws of such jurisdiction 24 October 2008 Offer Update: Court confirmation of Reduction of Capital/Suspension of listing Further to the announcement dated 22 October 2008, Enodis Plc (L: ENO) and The Manitowoc Company, Inc. (NYSE: MTW) are pleased to announce that the High Court of Justice has today made an order confirming the reduction of Enodis' share capital in connection with the Scheme of Arrangement by which Manitowoc's Acquisition of Enodis is being implemented. This follows the Court's sanction of the Scheme at a hearing held on 22 October 2008. The Scheme will become effective upon the Court Orders being delivered to the Registrar of Companies (and, in relation to the Reduction Court Order, the registration of such order by the Registrar of Companies) which is expected to take place on 27 October 2008. With effect from 5.00 p.m. today, trading in Enodis Shares on the London Stock Exchange's market for listed securities and the listing of Enodis' Shares on the Official List will be suspended. The listing of Enodis Shares is expected to be cancelled at 8.00 a.m. on 27 October 2008, the anticipated Effective Date of the Scheme. An expected timetable of principal events is set out in the Appendix to this announcement. Terms defined in the Scheme Document shall have the same meaning(s) when used in this announcement. Enquiries: Enodis plc +1 727 569 1183 Dave McCulloch (Chief Executive Officer) Dave Wrench (Chief Financial Officer) Rothschild (Financial Adviser to Enodis) +44 (0) 20 7280 5000 Robert Leitao Paul Simpson Ravi Gupta Financial Dynamics (PR Adviser to Enodis) +44 (0) 20 7269 7186/7113 Richard Mountain Andrew Lorenz The Manitowoc Company, Inc. Carl J. Laurino, Senior Vice President & Chief Financial Officer +1 920 652 1720 JPMorgan Cazenove (Financial Adviser to Manitowoc) +44 (0) 20 7588 2828 Mark Breuer Dwayne Lysaght Niklas Kloepfer Rothschild, which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting exclusively for Enodis and no-one else in connection with the Acquisition and will not be responsible to anyone other than Enodis for providing the protections afforded to the customers of Rothschild nor for providing advice in relation to the Acquisition or any other matter referred to herein. JPMorgan Cazenove, which is regulated in the United Kingdom by the Financial Services Authority, is acting for Manitowoc and MTW County and no one else in connection with the Acquisition and will not be responsible to anyone other than Manitowoc and MTW County for providing the protections afforded to customers of JPMorgan Cazenove or for providing advice in relation to the Acquisition or any other matter referred to in this document. Appendix Expected Timetable of Principal Events EVENT TIME and DATE Last day of dealings in, and time for registration of 5.00 p.m. on 24 October 2008 transfers of, and disablement in CREST of, Enodis shares Scheme Record Time 6.00 p.m. on 24 October 2008 Effective Date 27 October 2008 Cancellation of listing of Enodis Shares 8.00 a.m. on 27 October 2008 Latest date for despatch of cheques and crediting 10 November 2008 of CREST accounts for cash consideration due under the Scheme This information is provided by RNS The company news service from the London Stock Exchange END OUPFKQKKKBDDKKB
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