We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Simigon Ltd. | LSE:SIM | London | Ordinary Share | IL0010991185 | ORD ILS0.01 (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 13.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMSIM
RNS Number : 0612F
SimiGon Limited
17 March 2022
SimiGon Ltd.
("SimiGon" or the "Company")
Update related to Merger and Delisting schedule and the application for a restraining order with respect to the delisting
SimiGon Ltd. (LON: SIM) wishes to update its shareholders that Mr. Gal Erez has withdrawn his application for a restraining order concerning the Cancellation and Merger. The Lawsuit previously announced by the Company on February 21, 2022 and on February 24, 2022 remains in place. Additional information can be found on the Company's website at: https://www.simigon.com/ge-further-information
The Company is therefore proceeding towards consummation of the Merger and the Cancellation albeit there has been a procedural delay to the timetable as previously notified. The following is the anticipated revised timetable (all in London time) regarding the completion of the Merger and the Cancellation:
Date Event Friday, March 25, Last time for dealings in SimiGon shares 2022 ----------------------------------------------------------- 7:30am on Monday, Trading in the Company's shares will be suspended March 28, 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 28, with the Companies Law. ([1]) 2022 ----------------------------------------------------------- 6:00pm on Monday, The Depositary Interests (DIs) will be cancelled, March 28, 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 29, 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: +1 (407) 951 Chairman 5548 Efi Manea, Chief Financial Officer www.simigon.com finnCap (NOMAD & Broker) Henrik Persson / Milesh Hindocha (corporate Tel: +44 (0) 20 7220 finance) 0500
[1] The Companies Law requires at least 30 days following approval of the Merger at the Meeting before the effective date of the Merger.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
MSCDXGDXDBBDGDL
(END) Dow Jones Newswires
March 17, 2022 03:00 ET (07:00 GMT)
1 Year Simigon Chart |
1 Month Simigon Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions