Court Hearing
February 22 2010 - 11:01AM
UK Regulatory
TIDMTRE TIDMLEAF
RNS Number : 5081H
Trading Emissions PLC
22 February 2010
22 February 2010
Trading Emissions plc
Court Hearing
Trading Emissions plc (the "Company") today announces that further to the
announcement dated 19 February 2010 regarding the results of the Court Meeting
and the Extraordinary General Meeting to approve a scheme of arrangement (the
"Scheme") pursuant to which Leaf Clean Energy Company would acquire the entire
issued share capital of the Company (the "Proposed Merger"), the High Court of
the Isle of Man has dismissed the Company's application for an order sanctioning
the Scheme at a hearing held earlier today. Consequently, the Scheme has lapsed
and as previously announced the Proposed Merger will not proceed."
--ENDS--
For further enquiries, please contact:
Trading Emissions PLC (via Haggie Financial PR)
Neil Eckert
Malcolm Gillies
Liberum Capital Limited (nominated adviser and Rule 3 adviser to Trading
Emissions)
Steve Pearce
Tom Fyson
+44 (0) 20 3100 2000
Haggie Financial PR (PR adviser to Trading Emissions)
Peter Rigby
Alexandra Parry
+44 (0) 20 7417 8989
This information is provided by RNS
The company news service from the London Stock Exchange
END
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