WIN.L

Wincanton Plc
Wincanton PLC - Delisting and cancellation of trading of shares
30th April 2024, 07:00
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RNS Number : 4701M
Wincanton PLC
30 April 2024
 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION

 

FOR IMMEDIATE RELEASE

30 April 2024

WINCANTON PLC ("WINCANTON")

DELISTING AND CANCELLATION OF TRADING OF WINCANTON SHARES

Further to the announcement made by Wincanton on 29 April 2024 that the Scheme for the acquisition of the entire issued and to be issued share capital of Wincanton by GXO Logistics, Inc. ("GXO") has become effective in accordance with its terms, Wincanton today announces that, following an application by Wincanton, the Financial Conduct Authority has cancelled the listing of Wincanton Shares on the premium listing segment of the Official List and the London Stock Exchange has cancelled the trading of Wincanton Shares on the London Stock Exchange's main market for listed securities, in each case with effect from 7:30 a.m. today, 30 April 2024.

Unless otherwise defined, capitalised terms used in this announcement shall have the meanings given to them in the scheme document published and made available to Wincanton Shareholders on 14 March 2024 (the "Scheme Document") in relation to the recommended cash acquisition by GXO of the entire issued and to be issued share capital of Wincanton, effected by means of a scheme of arrangement under Part 26 of the Companies Act (such scheme of arrangement having become effective on 29 April 2024) (the "Acquisition"). All references to times in this announcement are to London, United Kingdom times unless otherwise stated.

Full details of the Acquisition are set out in the Scheme Document.

Enquiries

Wincanton

James Wroath, Chief Executive Officer

Tom Hinton, Chief Financial Officer

 

+44 12 4971 0000

 

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