Skywest Airlines Limited ACCC Clearance (7766W)
January 31 2013 - 1:48AM
UK Regulatory
TIDMSKYW
RNS Number : 7766W
Skywest Airlines Limited
31 January 2013
31 January 2013
ASX code SXR
AIM code SKYW
SKYWEST AIRLINES LTD.
("Skywest" or "the Company")
ACCC CLEARANCE OF PROPOSED SCHEME OF ARRANGEMENT FOR VIRGIN
AUSTRALIA TO ACQUIRE SKYWEST
Skywest, the Australian and South East Asia regional airline,
wishes to update the market regarding the status of a proposed
scheme of arrangement between Skywest and Virgin Australia Holdings
Limited.
Further to the announcements dated 30 October 2012 and 6
December 2012, the Australian Competition and Consumer Commission
has announced today that it would not oppose the proposed
acquisition of Skywest Airlines (Australia) Pty Ltd by Virgin
Australia Holdings Limited.
The Company will update the market on further developments and
the timing of the proposed shareholder meeting to consider the
scheme.
--ENDS--
Enquiries:
Skywest Airlines Ltd
Jeff Chatfield, Executive Chairman +65 97354151
Nominated Adviser
James Joyce, W H Ireland Limited 0207 220 1666
Company Stockbroker
W H Ireland Limited 0207 220 1670
Financial Public Relations
Bishopsgate Communications 0207 562 3350
Nick Rome
skywest@bishopsgatecommunications.com
Media Enquiries (Australia)
Brian O'Dwyer +65 62522077
The Skywest Directors (including any who may have delegated
detailed supervision of this Announcement) have taken all
reasonable care to ensure that the facts stated and all the
opinions expressed in this Announcement are fair and accurate and
that no material facts have been omitted from this Announcement,
the omission of which would make any statement in this Announcement
misleading, and the Skywest Directors jointly and severally accept
full responsibility accordingly.
Where any information has been extracted or reproduced from
published or otherwise publicly available sources, the sole
responsibility of the Skywest Directors has been to ensure through
reasonable enquiries that such information is correctly extracted
from such sources or, as the case may be, reflected or reproduced
in this Announcement.
Websites
www.skywest.com.au
www.advent.com.sg
www.skywest.com.sg
This information is provided by RNS
The company news service from the London Stock Exchange
END
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