Result of Scheme Meeting
02 December 2008 - 3:03AM
UK Regulatory
RNS Number : 3106J
The Real Hotel Company PLC
01 December 2008
the real hotel company plc
(the "Company")
Result of Scheme Meetings
Following the Court Hearing held earlier today, the Company is pleased to announce that the Court has approved the Scheme and the
capital reduction which formed part of the Scheme.
Accordingly, it is expected that by 8:00 a.m. tomorrow, 2nd December 2008, the Company's ordinary shares listed for trading on the
London Stock Exchange's main market will be cancelled, and the ordinary shares of The Real Hotel Group Plc ("RHG") will be admitted to
trading on AIM.
It is expected that the existing designation on trading screens of "RHC" will be changed following the admission of listing of RHG to
AIM to "RHG".
Terms and expressions used in this announcement shall, unless the context otherwise requires, have the same meanings as in the Scheme
Circular posted to shareholders on 16 October 2008.
For further information please contact:
Michael Prager, Chief Executive 020 8233 2001
Paul Mitchell, Chief Financial Officer 020 8233 2001
Adhoc PR 020
7483 0030
Deborah Parritt
Notes to Editors:
the real hotel company plc
the real hotel company is more than just a name. It is a statement of the
Company's core values. To deliver the rich traditions of hotel keeping to a
21st century market in a low cost environment. In short to be real hoteliers.
The Company is an owner, operator and developer of branded hotels in the UK
and Europe and operates 55 owned, leased or managed hotels in the UK, France,
Germany and Belgium. It also operates the New Connaught Rooms conference and
banqueting suite situated in London's Covent Garden.
The Company owns the Purple Hotels* limited service brand - 'a real hotel for
the price of an inn' which differentiates itself by adding a touch of style
and cool to a sector that has, so far, defined itself only
This information is provided by RNS
The company news service from the London Stock Exchange
END
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