Blackstone Loan Financing Limited Further Re Proposed Sale of Assets
January 02 2025 - 3:43AM
RNS Regulatory News
RNS Number : 9037R
Blackstone Loan Financing Limited
02 January 2025
02 January 2025
Blackstone Loan Financing Limited (the
"Company")
Further Re Proposed Sale of
Assets
Blackstone Loan Financing Limited
announces that the Purchaser of the PPNs has exercised its right
under the terms of the Sale and Purchase Agreement to postpone the
completion date of the Proposed Transaction. Completion
of the Proposed Transaction, which was expected to occur on 31
December 2024, is now expected to occur on 8 January
2025.
In all other respects the Expected
Timetable of Events, including payment of the Third Redemption,
remains unchanged as further set out below.
Expected Timetable of Events
|
Anticipated completion date of
Proposed Transaction
|
8 January 2025
|
|
Latest time and date for receipt of
Proxy Appointments for the Second EGM*
|
11.00 a.m. on 13 January
2025
|
|
Record date for participation and
voting at the Second EGM*
|
5.00 p.m. on 13 January
2025
|
|
Suspension of the listing of the
Shares on the Official List and of trading of the Shares on the
Main Market*
|
7.00 a.m. on 15 January
2025
|
|
Second EGM*
|
11.00 a.m. on 15 January
2025
|
|
Announcement of result of the Second
EGM*
|
15 January 2025
|
|
Commencement of the Summary
Winding-up (conditional on approval of the Second EGM
Resolution)*
|
15 January 2025
|
|
Record date for Third
Redemption*
|
5.00 p.m. on 15 January
2025
|
|
Cancellation of the listing of the
Shares on the Official List and cancellation of admission to
trading of the Shares on the Main Market*
|
8.00 a.m. on 16 January
2025
|
|
Payment date of Third Redemption*
**
|
Expected to be by 4 February 2025 or
as soon as possible thereafter
|
*
Events subject to postponement in the event of a delay in
completion of the Proposed Transaction and/or in the receipt by the
Company of any requisite regulatory consents.
**
The Company will make a Redemption Announcement through an RIS in
advance of the Third Redemption confirming exact details of the
timing and amount of the redemption payment to be made to
Shareholders.
Each of the times and dates in the
expected timetable of events may be extended or brought forward
without notice. If any of the above times and/or dates change, the
revised time(s) and/or date(s) will be notified to Shareholders by
an announcement through an RIS provider. All references are to
London time unless otherwise stated.
Unless otherwise stated, capitalised
terms in this announcement have the meanings ascribed to them in
the Circular.
For further information, please
contact:
|
BGLF
Steven Wilderspin (Chair)
|
Via Singer Capital Markets
|
|
Singer Capital Markets (Financial Adviser & Joint
Corporate Broker to the Company)
James Maxwell / Alaina Wong / Oliver
Platts (Corporate Finance)
Alan Geeves / Sam Greatrex
(Sales)
|
020 7496 3000
|
|
BNP
Paribas (Company Secretary to the Company)
|
01534 709189 / 709108
|
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END
FURFIFSALLIFIIE
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