Cancellation of admission to trading on AIM (5312N)
September 02 2011 - 5:32AM
UK Regulatory
TIDMCB.
RNS Number : 5312N
CBG Group Plc
02 September 2011
CBG GROUP PLC ("CBG" or the "Company")
Cancellation of admission to trading on AIM
Introduction
On 2 August 2011, it was announced that the Boards of Giles
Insurance Brokers Limited ("Giles") and CBG Group plc ("CBG") had
agreed the terms of a recommended cash offer to be made by Giles, a
wholly owned indirect subsidiary of Expectrum Limited, for the
entire issued and to be issued share capital of CBG (the "Offer"),
which remained subject to the terms and conditions which are set
out in the Offer document ("the Offer Document").
On 31 August 2011 it was announced that all of the conditions of
the Offer have been either satisfied or waived and that the Offer
was declared wholly unconditional. The Offer remains open for
acceptance until 14 September 2011.
De-listing and cancellation of trading in CBG Shares
As detailed in the announcement on 31 August 2011, Giles has
procured the making of an application by CBG to the London Stock
Exchange for the cancellation of the admission to trading of the
CBG Shares on AIM.
The Company now confirms that cancellation of the admission to
trading of CBG Shares is expected to take effect at 7.00 a.m. on 28
September 2011.
CBG
Robin Slinger, Chairman CBG 0161 920 0200
Zeus Capital
Alex Clarkson / Nick Cowles Zeus Capital 0161 831 1512
This information is provided by RNS
The company news service from the London Stock Exchange
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