2nd Apr 2014 07:00
Timetable of demerger
The proposed demerger was approved by the shareholders of Tawa plc ("Tawa" or the "Company") on 10 January 2014 and was conditional on various consents. The High Court approved the reduction of the Company's share capital on 26 March 2014.
Further to the announcement dated 20 December 2013, the anticipated effective date for the demerger is 3 April 2014 and the ex-entitlement date for the demerger is 3 April 2014. After the demerger, the Company will be renamed Pro Insurance Solutions PLC.
Enquiries:
Gilles Erulin, Chief Executive, Tawa plc | 020 7068 8000 |
Michael Gaughan, FWD | 020 7623 2368 |
Guy Wiehahn / Harry Florry, Peel Hunt (Nominated Adviser and Broker) | 020 7418 8900 |
Further information can be found on the Company's website: www.tawaplc.co.uk.
Related Shares:
ACH.L