9th Dec 2009 15:42
European Islamic Investment Bank plc (the "Company")
Result of Court Hearing to Confirm Reduction of Capital
The Company is pleased to announce that the Court Order confirming the Capital Reduction required to effect the Tender Offer, details of which were announced on 28 October 2009, was granted at a Court Hearing held today. The Capital Reduction will become effective when the Court Order is registered by the Registrar of Companies tomorrow, 10 December 2009.
Accordingly, the Tender Offer is expected to be completed on 10 December 2009 and Shareholders are expected to have their CREST accounts credited, or cheques posted to them, with the proceeds of the Tender Offer on 16 December 2009.
Terms used in this announcement have the same meaning as those in the circular to shareholders of the Company dated 28 October 2009.
9 December 2009
Enquiries:
European Islamic Investment Bank plc Tel: +44(0)20 7847 9900
Keith McLeod,
Acting Chief Executive Officer
Evolution Securities Tel: +44(0)20 7071 4300
Chris Sim
Bobbie Hilliam
Fishburn Hedges Tel: +44 (0)20 7839 4321
Riz Issa
Andrew Marshall
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