24th Sep 2007 07:01
Quantica PLC24 September 2007 Quantica plc ("Quantica" or the "Company") Cancellation of AIM Admission On Wednesday 19 September 2007, the recommended cash offer by Berkeley ScottGroup plc ("Berkeley Scott") to acquire the entire issued and to be issued sharecapital of Quantica ("the Offer") was declared wholly unconditional save as tothe condition relating to Admission which is expected to occur on Tuesday 25September 2007. Berkeley Scott has received valid acceptances of the Offer in excess of 90% ofthe issued share capital of Quantica and will, in due course, commence thecompulsory purchase of any remaining Quantica Shares pursuant to sections 979 to987 (inclusive) of the Companies Act 2006. In the meantime the Offer willremain open for acceptances until further notice. The Company has made application to cancel the admission of its ordinary sharesto trading on AIM. Subject to satisfaction of the condition relating toAdmission, it is anticipated that cancellation will take effect from 7.00 a.m.on 1 October 2007. If cancellation occurs Quantica Shareholders will be unable to trade QuanticaShares after 4.30 p.m. on 28 September 2007 although the Offer will remain openfor acceptance. The definitions in the Offer Document dated 24 August 2007 have the samemeanings in this announcement. Enquiries: Quantica plcRobert Turner, Finance DirectorTel: 01422 310 088 Landsbanki Securities (UK) Limited(Financial Adviser, Nominated Adviser and Broker to Quantica)James Wellesley WesleyMichael BurtTel: 020 7426 9000 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Kellan Group