5th Dec 2008 11:58
Bramlin Limited
5 December 2008
Not for release, publication or distribution, in whole or in part, in, into or from Canada, Australia, New Zealand, South Africa or Japan or any other jurisdiction where to do so would constitute a violation of the relevant laws or regulations of such jurisdiction.
FOR IMMEDIATE RELEASE 5 DECEMBER 2008
BRAMLIN LIMITED
('Bramlin' or 'the Company')
RECOMMENDED ACQUISITION OF BRAMLIN BY VICTORIA OIL & GAS PLC BY WAY OF SCHEME OF ARRANGEMENT
UNDER SECTION 105 OF THE COMPANIES (GUERNSEY) LAW, 2008 (AS AMENDED)
RESULTS OF COURT MEETING HELD ON 5 DECEMBER 2008
The directors of Bramlin are pleased to announce that, at the Court Meeting held today, the resolution contained in the notice of meeting was passed by the requisite majority of shareholders. The Court Meeting resolution was decided by a poll.
Subject to the Court sanctioning the Scheme, and the satisfaction or waiver of the other conditions to the Scheme, the Scheme is expected to become effective on or about 12 December 2008.
POLL RESULT FOR THE COURT MEETING
The results of the Court Meeting were as follows:
|
For |
Against |
Total |
|
|
Number of Bramlin Shares voted: |
92,018,130 |
- |
92,018,130 |
|
Number of Bramlin Shareholders who voted on the poll |
33 |
- |
33 |
Capitalised terms used in this announcement have the meanings given thereto in the Scheme Document.
Key Dates
|
Last day of dealings in, and for registration of transfers of Bramlin Shares |
11 December 2008 |
|
|
Court Hearing to sanction the Scheme |
12 December 2008 |
|
|
Effective Date of the Scheme |
12 December 2008 |
|
|
Cancellation to trading of Bramlin Shares on AIM |
15 December 2008 |
|
|
Admission of New VOG Shares to trading on AIM |
15 December 2008 |
|
|
CREST accounts credited with New VOG Shares |
Not later than 14 days after the Effective Date |
|
|
Despatch of certificates of New VOG Shares |
Not later than 14 days after the Effective Date |
The dates are based on the Directors' expectations and may be subject to change.
The dates are indicative only and will depend, amongst other things, on the date on which the Court sanctions the Scheme. If any of the above times or dates should change, the revised dates will be notified to Bramlin Shareholders through the RNS.
Enquiries:
Bramlin Limited
www.bramlin.com
Jim Ford/Alan Thomas
Tel: +44 (0)20 7960 9629
Nick Sellmer
Fox-Davies Capital Limited
Tel: +44 (0) 20 7936 5230
Thilo Hoffman / Mira Shukanayeva
Zimmermann Adams International Limited
Tel: +44 (0) 20 7060 1760
Conduit PR
Jonathan Charles/ Ed Portman
+44 (0) 20 7429 6611/+ 44 (0) 7791 892 509
Related Shares:
VOG.L