BTR PLC - Re High Court Approval
February 02 1999 - 12:40PM
UK Regulatory
RNS No 0523r
BTR PLC
SIEBE PLC
2nd February 1999
MERGER OF BTR plc ("BTR") AND SIEBE plc ("SIEBE") TO CREATE BTR
SIEBE
HIGH COURT APPROVAL
BTR and Siebe announce that, at today's High Court hearing of the
petition to sanction the Scheme of Arrangement to effect the
Merger, the High Court approved the petition and granted an order
sanctioning the Scheme.
It is expected that the Merger will become effective on Thursday,
4 February 1999 and that dealings in the new BTR Siebe shares will
commence on the London Stock Exchange at 9.00 am on that day.
Dealings in BTR ordinary shares on the London Stock Exchange are
therefore expected to cease at the close of business on Wednesday,
3 February 1999. The Scheme Record Time will be 6.00 pm on
Wednesday, 3 February 1999.
Enquiries:
Investors and Analysts
David Robbie Tel: 0171 821 3862
Barry Francis Tel: 01753 855 411
Media
Peter Gavan Tel: 0171 821 3711
END
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