WFCA PLC Last Day Of Dealings (1738O)

TIDMWFCA

RNS Number : 1738O

WFCA PLC

08 October 2012

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD BE UNLAWFUL

8 October 2012

RECOMMENDED OFFER

by

PORTA COMMUNICATIONS PLC

for

WFCA PLC

WFCA - LAST DAY OF DEALINGS

Cancellation of admission to trading on AIM of WFCA Plc ("Cancellation")

Today, being 8 October 2012, is the last day of dealings in WFCA and the effective date of Cancellation will be 9 October 2012.

Upon the Cancellation becoming effective, Daniel Stewart will cease to be nominated adviser to WFCA. WFCA will no longer be required to comply with the AIM Rules and WFCA will no longer be bound (or able) to announce, via a regulatory information service, material events, administrative changes or material transactions or to announce interim or final results.

Compulsory acquisition

As valid acceptances had been received by Porta under the Offer in respect of more than 90 per cent. of the WFCA Shares, Porta, in exercising its right to issue compulsory acquisition notices to WFCA Shareholders who had not accepted the Offer in accordance with the provisions of sections 974 to 991 of the Act, confirms that statutory notices under section 980(1) of the Act were posted on 20 September 2012 to WFCA Shareholders who had not yet validly accepted the Offer, informing such WFCA Shareholders that it will compulsorily acquire their WFCA Shares under the provisions of sections 974 to 991 of the Act. Accordingly, on 1 November 2012, Porta will automatically acquire all outstanding WFCA Shares for which it has not received a valid acceptance, pursuant to the terms of the Offer.

Further information

A copy of this announcement will be made available free of charge, subject to certain restrictions relating to persons resident in Restricted Jurisdictions, on Porta's website at www.portacommunications.plc.uk and WFCA's website at www.wfca.plc.uk by no later than 12 noon on 9 October 2012.

ENQUIRIES

 
 WFCA plc                            Tel: [phone] 
                                               703 201 
 Stephen Latter (Finance Director) 
 
 Daniel Stewart & Company plc          Tel: +44 (0) 20 
  (Rule 3 Adviser, Nominated                 7776 6550 
  Adviser and Broker to WFCA) 
 David Hart / James Felix 
 

Northland Capital Partners Limited, which is authorised and regulated in the United Kingdom by the FSA is acting exclusively for Porta and no one else in connection with the Offer and will not be responsible to anyone other than Porta for providing the protections afforded to clients of Northland Capital Partners Limited nor for providing advice in relation to the Offer or any other matter or arrangement referred to in this Announcement.

Daniel Stewart & Company plc, which is authorised and regulated in the United Kingdom by the FSA, is acting exclusively for WFCA and no one else in connection with the Offer and will not be responsible to anyone other than WFCA for providing the protections afforded to clients of Daniel Stewart & Company plc nor for providing advice in relation to the Offer or any other matter or arrangement referred to in this Announcement.

This announcement is not intended to, and does not, constitute or form part of any offer, invitation or the solicitation of an offer to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of, any securities pursuant to this announcement or otherwise. The Offer is made solely by the Offer Document, a notice published in the London Gazette on 21 August 2012 and the Form of Acceptance accompanying the Offer Document, which contains the full terms and conditions of the Offer, including details of how the Offer may be accepted. Any decision in respect of, or other response to, the Offer should be made only on the basis of the information contained in the Offer Document.

The release, publication or distribution of this announcement in jurisdictions other than the United Kingdom and the availability of the Offer to WFCA Shareholders who are not resident in the United Kingdom may be affected by the laws of relevant jurisdictions. Therefore any persons who are subject to the laws of any jurisdiction other than the United Kingdom or WFCA Shareholders who are not resident in the United Kingdom will need to inform themselves about, and observe, any applicable requirements and/or restrictions. Any failure to comply with these restrictions may constitute a violation of securities law of any such jurisdiction. To the fullest extent permitted by law, Porta and WFCA disclaim any responsibility or liability for the violation of such restrictions by such persons.

This information is provided by RNS

The company news service from the London Stock Exchange

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