8th Mar 2006 09:36
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES,CANADA, AUSTRALIA, SOUTH AFRICA OR THE REPUBLIC OF IRELAND8 March 2006Chemring Group PLC ("Chemring" or "the Company")Regulatory Approval for the Acquisition of Technical Ordnance, Inc. ("theAcquisition")Further to the announcement on 1 February 2006, the Board of Chemring announcesthat the waiting period imposed by the Exon-Florio filing in connection withthe proposed acquisition of Technical Ordnance, Inc. has now expired.Accordingly, the Acquisition Agreement is now unconditional (save for anycondition relating to the Placing Agreement being unconditional and payment ofthe consideration). Admission to the Official List of the UK Listing Authorityand to the London Stock Exchange of the 2,900,000 new Ordinary Shares inChemring being issued in connection with the Acquisition will take place at8.00am on 13 March 2006 and CREST accounts will be credited on that date. OnAdmission, the new Ordinary Shares will rank pari passu in all respects withthe existing Ordinary Shares in issue.Enquiries:Chemring Group PLC Tel: 01489 881 800Ken Scobie, ChairmanDr David Price, Chief ExecutivePaul Rayner, Finance DirectorENDCHEMRING GROUP PLCRelated Shares:
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