18th May 2007 15:48
Kiln PLC18 May 2007 Kiln plc Result of Court Hearing Following the Court Hearing held earlier today, Kiln plc ("Kiln") is pleased toannounce that the Court has approved the Scheme of Arrangement and confirmed theCapital Reduction. Accordingly, it is expected that by 8:00 a.m. on 21 May 2007the Scheme of Arrangement will become effective, the admission of Kiln'sordinary shares to listing on the Official List and to trading on the LondonStock Exchange's main market for listed securities will be cancelled, and KilnLtd's common shares will be admitted to listing on the Official List and totrading on the London Stock Exchange's main market for listed securities. It isexpected that the existing designation on trading screens of 'KIN' will remainunchanged following the listing of Kiln Ltd and Kiln Ltd will replace Kiln as aconstituent of the FTSE All Share Index. Terms and expressions used in this announcement shall, unless the contextotherwise requires, have the same meanings as given to them in Kiln'sannouncement of 13 March 2007. 18 May 2007 Enquiries: Kiln plc 020 7886 9000Keith Grant College Hill 020 7457 2020Tony Friend This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Kin Group