SimiGon Limited Result of Special General Meeting of Shareholders (1933C)

TIDMSIM

RNS Number : 1933C

SimiGon Limited

18 February 2022

SimiGon Ltd

("SimiGon" or "the Company")

Result of Special General Meeting of Shareholders

SimiGon, a global leader in providing simulation solutions, announces that at the Company's Special General Meeting of Shareholders (the "Meeting") held earlier today all resolutions were duly passed.

Below is a summary of the anticipated timetable (all in London time) regarding the completion of the Merger and the Delisting[1]:

 
 Date                 Event 
 Friday, March 18,    Last time for dealings in SimiGon shares 
  2022 
                     ----------------------------------------------------------- 
 7:30am on Monday,    Trading in the Company's shares will be suspended 
  March 21, 2022       pending effectiveness of the Merger and disablement 
                       in CREST 
                     ----------------------------------------------------------- 
 During the course    The Merger becomes effective upon, and subject to, 
  of                   issuance of the merger certificate in accordance 
  Monday, March 21,    with the Companies Law.[2] 
  2022 
                     ----------------------------------------------------------- 
 6:00pm on Monday,    The Depositary Interests (DIs) will be cancelled, 
  March 21, 2022       and all DI holders will be registered as shareholders 
                       on the SimiGon share register. Settlement of transactions 
                       concluded prior to this date will be performed until 
                       close of business UK time on this date. Record date 
                       for entitlement to Merger Consideration. 
                     ----------------------------------------------------------- 
 7:00am on Tuesday,   Cancellation of admission to trading on AIM 
  March 22, 2022 
                     ----------------------------------------------------------- 
 

If any of the above dates change, the revised dates will be notified to Shareholders through a Regulatory Information Service announcement with the dates following the Meeting.

 
 Enquiries: 
   SimiGon Ltd 
    Ami Vizer, Chief Executive Officer and Executive    Tel: [phone] 
    Chairman                                            5548 
    Efi Manea, Chief Financial Officer 
    www.simigon.com 
   finnCap (NOMAD & Broker) 
    Henrik Persson / Milesh Hindocha (Corporate         Tel: [phone] 
    Finance)                                            0500 
 

[1] The above dates are subject to change, primarily if the closing conditions in accordance with the Merger Agreement cannot be fulfilled by the specified date.

[2] The Companies Law requires at least 30 days following approval of the Merger at the Meeting before the effective date of the Merger.

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END

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February 18, 2022 12:31 ET (17:31 GMT)