REPEAT: Tawa PLC Timetable of demerger (8056D)

TIDMTAW

RNS Number : 8056D

Tawa PLC

02 April 2014

Timetable of demerger

The proposed demerger was approved by the shareholders of Tawa plc ("Tawa" or the "Company") on 10 January 2014 and was conditional on various consents. The High Court approved the reduction of the Company's share capital on 26 March 2014.

Further to the announcement dated 20 December 2013, the anticipated effective date for the demerger is 3 April 2014 and the ex-entitlement date for the demerger is 3 April 2014. After the demerger, the Company will be renamed Pro Insurance Solutions PLC.

Enquiries:

 
 Gilles Erulin, Chief Executive, Tawa plc            020 7068 8000 
 Michael Gaughan, FWD                                020 7623 2368 
 Guy Wiehahn / Harry Florry, Peel Hunt (Nominated 
  Adviser and Broker)                                020 7418 8900

Further information can be found on the Company's website: www.tawaplc.co.uk.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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