European Nickel re share placing revised timetable
17 June 2010 - 7:16PM
UK Regulatory
TIDMRMLA TIDMENK
RNS Number : 7831N
Rusina Mining NL
17 June 2010
Thursday 17th June, 2010
European Nickel Release re Revised Timetable for
Share Placement
Please find below a release from European Nickel PLC (AIM, PLUS: ENK) in
relation to a revision to the timetable for completion of the second tranche of
the share placement.
For further information, please contact the undersigned or email
rusinaadmin@rusina.com.au.
+---------------------------------+---------------------------------+
| European Nickel | Rusina Mining |
+---------------------------------+---------------------------------+
| Simon Purkiss | Robert Gregory or Mark Hanlon |
| European Nickel | Rusina Mining |
| Tel: +44 20 7290 3130 (London) | Tel: +61 8 9226 1111 (Perth) |
| | |
| Andrew Chubb or Tarica Mpinga | Roland Cornish |
| Canaccord Genuity | Beaumont Cornish |
| Tel: +44 20 7050 6500 | Tel: +44 20 7628 3396 |
| | |
| Alex Buck | Kevin Skinner |
| BuckBias | Field Public Relations |
| Tel: +44 7932 740 452 | Tel: +61 8 8234 9555 or / +61 |
| | 414 822 631 |
+---------------------------------+---------------------------------+
"Revised Timetable for Share Placement
16 June 2010 - LONDON: Further to today's announcement, European Nickel PLC
("European Nickel" or the "Company") (AIM, PLUS: ENK) announces a revised
timetable for the completion of the second tranche of the placing (the
"Placing") (originally announced on 3 February 2010).
The timetable for the completion of the merger with Rusina Mining NL (AIM: RMLA,
ASX:RML) and the share consolidation is unchanged from the timetable announced
on 8 June 2010.
The date of completion of the Placing has been brought forward by one business
day to 18th June 2010. The revised timetable is attached.
Following the consolidation, shareholders will be issued with one new ordinary
share for every four shares held. New share certificates will be posted to
certified shareholders and uncertified shareholders' CREST accounts will be
credited with the new shares on 21 June 2010.
Defined terms in this announcement shall have the same meaning as set out in the
Merger Implementation Agreement dated 2 February 2010.
For more information, please visit www.enickel.co.uk or contact:
Simon Purkiss, Rob Gregory or Mark Hanlon, European Nickel
Tel: +44 20 7290 3130
Andrew Chubb or Tarica Mpinga, Canaccord Genuity Limited
Tel: +44 20 7050 6500
Alex Buck, BuckBias
Tel: +44 7932 740 452
Appendix
+---------------------------------------+-------------+---------------+
| | Merger |Consolidation |
| | | & Placing |
+---------------------------------------+-------------+---------------+
| Second Court Hearing approved the | 14 June | |
| Scheme | 2010 | |
+---------------------------------------+-------------+---------------+
| Court Order lodged with ASIC. | 15 June | |
| Scheme becomes binding (Effective | 2010 | |
| Date) | | |
+---------------------------------------+-------------+---------------+
| Last day for trading in Rusina Shares | 15 June | |
| on ASX | 2010 | |
+---------------------------------------+-------------+---------------+
| Suspension of Rusina Shares on ASX | 16 June | |
| | 2010 | |
+---------------------------------------+-------------+---------------+
| Suspension of Rusina Shares on AIM | 7.00am | |
| | (GMT) 16 | |
| | June 2010 | |
+---------------------------------------+-------------+---------------+
| Second tranche of European Nickel | | 8.00am |
| placing completed | | (London |
| | | time) |
| | | 18 June |
| | | 2010 |
+---------------------------------------+-------------+---------------+
| Record date for European Nickel share | | 5.00pm |
| consolidation | | (London |
| | | time) |
| | | 18 June |
| | | 2010 |
+---------------------------------------+-------------+---------------+
| European Nickel New Shares admitted | | 8.00am |
| for trading on AIM | | (London |
| | | time) |
| | | 21 June |
| | | 2010 |
+---------------------------------------+-------------+---------------+
| Record Date | 5.00pm | |
| Time for determining entitlements to | (WST) | |
| Scheme Consideration | 23 June | |
| | 2010 | |
+---------------------------------------+-------------+---------------+
| Merger Implementation Date | 24 June | |
| Scheme Consideration issued to Scheme | 2010 | |
| Participants | | |
+---------------------------------------+-------------+---------------+
| Cancellation of Rusina Shares on AIM | 8.00am | |
| | (London | |
| | time) | |
| | 24 June | |
| | 2010 | |
+---------------------------------------+-------------+---------------+
| Dispatch of CDI issue confirmations | 28 June | |
| from Australia | 2010 | |
+---------------------------------------+-------------+---------------+
| CDIs commence trading on ASX on | 29 June | |
| normal settlement basis, subject to | 2010 | |
| ASX approval | | |
+---------------------------------------+-------------+---------------+
| CREST stock accounts credited with | 29 June | |
| European Nickel New Shares in | 2010 | |
| uncertificated form | | |
+---------------------------------------+-------------+---------------+
| Latest date for dispatch of | 29 June | |
| certificated European Nickel New | 2010 | |
| Shares | | |
+---------------------------------------+-------------+---------------+
| European Nickel New Shares commence | 8.00am | |
| trading on AIM, subject to AIM | (London | |
| approval | time) 29 | |
| | June 2010 | |
+---------------------------------------+-------------+---------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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