2nd Mar 2016 15:55
Johnston Press plc
Publication of Circular and Notice of General Meeting relating to acquisition of the business and certain assets of the i newspaper
On 12 February 2016, Johnston Press plc ("Johnston Press" or the "Company") announced that it had conditionally agreed to acquire the business and certain assets of the i newspaper (the "Acquisition"). The Company is pleased to announce that a circular in relation to the Acquisiton (the "Circular") has been published and is being posted to shareholders today.
The Acquisition is subject to the approval of shareholders of the Company and, accordingly,the Circular contains a notice convening a general meeting of the Company to be held at 10.00 a.m. on 21 March 2016 at the offices of Ashurst LLP, Broadwalk House, 5 Appold Street, London, EC2A 2HA (the "General Meeting").
The Circular will also shortly be available to view or download on the Company's website www.johnstonpress.co.uk. In accordance with Listing Rule 9.6.1R, a copy of the Circular and the accompanying form of proxy have been submitted to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM.
Expected timetable of principal events
Announcement of the Acquisition | 12 February 2016 |
Publication of the Circular | 2 March 2016 |
Latest time and date for receipt of Forms of Proxy | 10 a.m on 17 March 2016 |
General Meeting | 10 a.m on 21 March 2016 |
Expected date for Completion of the Acquisition | 10 April 2016 |
Long Stop Time for Shareholder approval | 9 a.m on 10 April 2016 |
References in this announcement to time are to London time, unless specified otherwise.
For further information please contact:
Johnston Press | |
Ashley Highfield, Chief Executive Officer | 020 7612 2601 |
David King, Chief Financial Officer | 020 7612 2602 |
Bell Pottinger | |
Dan de Belder | 020 3772 2561 |
Panmure Gordon (Sponsor and Joint Broker) | |
Dominic Morley / Andrew Potts / Alina Vaskina (Corporate Finance) Charles Leigh-Pemberton (Corporate Broking) | 020 7886 2500
|
Liberum (Joint Broker) | |
Neil Patel | 020 3100 2000 |
Ingenious Corporate Finance (Financial Adviser) | |
Toby Ramsden | 020 7319 4159 |
Graham Smith | 020 7319 4162 |
Related Shares:
Johnston Press PLC