TDG Tdg

    RNS Number : 4434E
  TDG PLC
  26 September 2008
   

    For immediate release

    TDG plc ("TDG" or the "Company")

    Not for release, publication or distribution, in whole or part, in, or into or from Australia, Canada, Japan or the United States or any
other Restricted Jurisdiction


    26 September 2008

    Proposals for the acquisition

    of

    TDG plc ("TDG")

    by

    LIT plc ("Bidco")

    (a company incorporated in the Isle of Man formed at the direction of Laxey Partners Limited ("Laxey"))


    Scheme Sanctioned by Court

    The TDG Directors are pleased to announce that at a hearing held earlier today, the Court sanctioned the Scheme by which the recommended
acquisition of TDG by LIT plc is to be effected.
    The acquisition remains subject to the confirmation of the Capital Reduction by the Court on 30 September 2008 and to the delivery of
the Court Orders sanctioning the Scheme and confirming the Capital Reduction to the Registrar of Companies and, in respect of the Capital
Reduction, the registration of the Court Order.
    As previously announced, trading in TDG Shares on the London Stock Exchange's market for listed securities and the listing of the TDG
Shares on the Official List of the UK Listing Authority will be suspended on 29 September 2008 and subject to the Court confirming the
Capital Reduction on 30 September 2008, the listing of the TDG Shares will be cancelled with effect from 8.00 a.m. on 2 October 2008.
    Terms and expressions used in this announcement shall, unless the context otherwise requires, have the same meanings as set out in the
Scheme Document dated 11 August 2008. 

    Enquiries:

    TDG                                                                        +44 (0) 20 7838 7775
    Jeffrey Hume, Finance Director

    Financial Dynamics (PR advisers to TDG)            +44 (0) 20 7831 3113
Benjamin Foster
    Marc Cohen

This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
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