GLO.L

ContourGlobal Plc
FTSE Russell - ContourGlobal
5th December 2022, 17:30
TwitterFacebookLinkedIn
To continue viewing RNS, please confirm that you are a Private Investor*

* A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:

  1. Obtains access to the information in a personal capacity;
  2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
  3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
  4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
  5. Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
  6. Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
RNS Number : 6444I
FTSE Russell
05 December 2022
 

 

Adobe Systems

 


ContourGlobal (UK): Scheme of Arrangement

Informative Notice

05 December 2022

FTSE Russell notes the announcement by ContourGlobal (UK, BF448H5, FTSE 250 Index, FTSE Global Small Cap Index) in relation to the scheme of arrangement to effect the cash acquisition by Aegean Bidco Limited (non constituent), whereby shareholders will receive GBP 2.636 for each share held. The company have stated that all substantive regulatory conditions pertaining to the acquisition have been satisfied, including shareholder approval, and the scheme timetable states that the customary Court Hearing is expected to take place on Friday 16 December 2022, followed by the suspension of dealings in ContourGlobal on Tuesday 20 December 2022.

 

Section 4.10 of the FTSE Russell Corporate Actions and Events Guide outlines that an acquisition may be considered final where the only outstanding approvals are considered customary. Furthermore, an acquisition scheduled to occur subsequent to the review may be expedited and applied in conjunction with the review effective date, in order to minimise turnover. Consequently, ContourGlobal will be removed from all FTSE Russell indices from the open of Monday 19 December 2022 concurrent with the December review, with all replacements within fixed indices announced after market close on Wednesday 14 December 2022.

 

 


 

 

 

 

For further information please contact FTSE Russell Client Services at info@ftserussell.com or call:

Australia

+1800 653 680

Hong Kong

+852 2164 3333

Japan

+81 3 6441 1440

London

+44 (0) 20 7866 1810

New York

+1866 551 0617

Alternatively please visit our website at www.ftserussell.com

 

Terms of Use | Copyright © 2022 FTSE Russell

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
FTSEELFBLLLEFBB ]]>
TwitterFacebookLinkedIn