Impax Asian Environmental Mkts Plc Rollover entitlement (4179L)
10 August 2013 - 1:34AM
UK Regulatory
TIDMIAEA TIDMIAES TIDMIAEB
RNS Number : 4179L
Impax Asian Environmental Mkts Plc
09 August 2013
Impax Asian Environmental Markets plc
(in Members' Voluntary Liquidation)
- rollover entitlement
9 August 2013
As noted in the Company's announcement dated 7 August 2013,
holders of Reclassified Shares with A Rights (being those
Shareholders who elected, or were deemed to have elected, to
receive IAEMI Shares) will receive IAEMI Shares in accordance with
the formula set out in paragraph 6.5 of the Terms and Conditions of
the Scheme. Pursuant to this formula, which is calculated by
reference to, inter alia, the value of the Transfer Portfolio on 7
August and the Rollover Price (being the net asset value per IAEMI
Share as at close of business on 7 August), holders of Reclassified
Shares with A Rights will receive:
1.22686449 IAEMI Shares for every 1 Reclassified Share held
provided that the number of IAEMI Shares to be issued shall be
rounded down to the nearest whole number and fractional
entitlements shall not be issued.
Contract notes in respect of the IAEMI Shares to be issued
pursuant to the Scheme will be despatched to the relevant
Shareholders shortly.
All terms capitalised but not defined herein shall have the
meaning given to them in the Company's circular to Shareholders
dated 4 July 2013.
Enquiries
Allan McKenzie 020 7490 4355
Chairman
Anthony Lee 020 7490 4355
Cavendish Administration Limited
David Yovichic 020 7523 8361
Canaccord Genuity
Important Information
This Announcement has been issued by and is the sole
responsibility of the Company.
No representation or warranty express or implied, is or will be
made as to, or in relation to, and no responsibility or liability
is or will be accepted by Canaccord Genuity Limited ("Canaccord")
or by any of its respective affiliates or agents as to or in
relation to, the accuracy or completeness of this Announcement or
any other written or oral information made available to or publicly
available to any interested party or its advisers, and any
liability therefore is expressly disclaimed.
Neither this announcement nor anything contained herein shall
form the basis of, or be relied upon in connection with, any offer
or commitment whatsoever in any jurisdiction.
This announcement and the information contained herein is not
for publication, release or distribution, directly or indirectly,
in or into the United States, Australia, Canada or Japan or any
jurisdiction in which the same would be unlawful. This announcement
does not constitute an offer to sell or issue or the solicitation
of an offer to buy or acquire shares in the capital of the Company
in the United States, Australia, Canada or Japan or any
jurisdiction in which such an offer or solicitation is
unlawful.
Canaccord Genuity Limited, which is authorised and regulated in
the United Kingdom by the Financial Conduct Authority, is acting
for Impax Asian Environmental Markets plc and is acting for no-one
else in connection with the Proposals.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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