Court sanction of Schemes of Arrangement (6023B)
22 February 2011 - 4:21AM
UK Regulatory
TIDMCTT
RNS Number : 6023B
Cattles PLC
21 February 2011
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN, INTO OR FROM
ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE
RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION
For Immediate Release
21 February 2011
CATTLES PLC
Court sanction of Schemes of Arrangement
Cattles plc ("Cattles") announces that the High Court of Justice
of England and Wales (the "Court") has today adjourned the sanction
hearing for:
1. the scheme of arrangement between Cattles and its
shareholders to effect the recommended proposal for the acquisition
of Cattles by Bovess Limited; and
2. the schemes of arrangement between each of Cattles, Welcome
Financial Services Limited and Ewbanks Mail Order Limited and
certain of their respective creditors.
The Court hearing will resume on Monday 28 February 2011. Any
change to this date will be published on Cattles' website at
www.cattles.co.uk.
A further announcement will be made in due course.
In accordance with Rule 19.11 of the City Code on Takeovers and
Mergers, a copy of this announcement will be published on Cattles'
website at www.cattles.co.uk.
Enquiries
Cattles
Margaret Young, Executive Chairman 020 7269 7252
Financial Dynamics
Paul Marriott 020 7269 7252
This information is provided by RNS
The company news service from the London Stock Exchange
END
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