30th Nov 2006 18:16
First Artist Corporation PLC30 November 2006 Press Release First Artist Corporation PLC Acquisition of Dewynters Plc and other matters Circular, Admission Document and accounts posted For immediate release 30 November 2006 The board of First Artist Corporation PLC ("First Artist") announced proposalsearlier today for the proposed acquisition of Dewynters Plc, a CapitalReduction, a Share Consolidation and Placing of New Shares for cash, theestablishment of a savings related share incentive scheme and an alteration tothe Articles of Association. A circular has now been posted to First Artist shareholders, with an AdmissionDocument and the statutory accounts of First Artist for the 10 months ended 31August 2006. Copies of the circular, Admission Document and statutory accountsare available online at http://www.firstartist.com/investors/reports.asp The Extraordinary General Meeting to approve the accounts and the proposalsreferred to above has been convened for 10 am on 22 December 2006. At the request of the Company, London Stock Exchange plc has agreed to suspenddealings on 27 December 2006 if the relevant resolutions are approved at theExtraordinary General Meeting. The consolidation of the share capital whereby one New Ordinary Share is issuedto replace every 10 Existing Ordinary Shares is expected to be effective on 27December 2006 and Admission of the New Ordinary Shares to trading on AIM isexpected on 28 December 2006. EnquiriesDawnay, Day Corporate Finance LtdDavid Floyd Tel: +44 (0) 20 7509 4570 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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