TDG Tdg

    RNS Number : 6675E
  TDG PLC
  30 September 2008
   

    For immediate release

    TDG plc ("TDG" or the "Company")

    Not for release, publication or distribution, in whole or part, in, or into any Restricted Jurisdiction


    30 September 2008

    Proposals for the acquisition

    of

    TDG plc ("TDG")

    by

    LIT plc

    (a company incorporated in the Isle of Man formed at the direction of Laxey Partners Limited)


    CAPITAL REDUCTION CONFIRMED BY COURT


    The TDG Directors are pleased to announce that at a hearing held earlier today, the Court confirmed the Capital Reduction of TDG
associated with the Scheme.
    All conditions in relation to the Scheme have now been satisfied or waived, save for delivery of the Court Order confirming the Capital
Reduction to the Registrar of Companies and registration of the Court Order. Subject to these conditions, it is expected that the
Implementation Date of the Scheme will be 1 October 2008.
    It is expected that the listing of the TDG Shares will be cancelled with effect from 8:00 a.m. on 2 October 2008. The consideration due
to shareholders is due to be sent by 15 October 2008.
    Terms and expressions used in this announcement shall, unless the context otherwise requires, have the same meanings as set out in the
Scheme Document dated 11 August 2008. 

    Enquiries:

 TDG                                      +44 (0) 20 7838 7775
 Jeffrey Hume, Finance Director
 Financial Dynamics (PR advisers to TDG)  +44 (0) 20 7831 3113
 Benjamin Foster
 Marc Cohen


                                

                

    .

This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
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