Final Day of Dealings
2010年6月11日 - 1:13AM
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AfNat Resources Limited
10 June 2010
AfNat Resources Limited ("AfNat" or "the Company")
Final Day of Dealings
Further to recent announcements, the Board announces that today was the final
day of dealings in AfNat Shares on AIM. The AfNat Shares will be suspended from
trading on AIM at 7.30 a.m. on 11 June 2010 prior to the Court Hearing to
sanction the Scheme.
Due to logistical reasons, AXMIN has requested that, subject to the Court
Sanction being received on 11 June 2010, formal closing of the Proposal occur on
14 June 2010 (EDT). The Scheme is now expected to become effective in accordance
with its terms on 14 June 2010.
Cancellation of the trading of AfNat Shares on AIM is expected from 7a.m. on 15
June 2010.
A copy of the Scheme document is available on the Company's website at:
www.afnatresources.com.
For the avoidance of doubt, the Company is not subject to the City Code and
accordingly investors should be aware that they are not afforded the protections
of the City Code.
Expected Timetable of Principal Events
The following times and dates are indicative only and will depend, among other
things, on the date upon which the Supreme Court of Bermuda sanctions the Scheme
of Arrangement, and the date on which the conditions to complete the transaction
are either satisfied or (where capable of waiver) waived. The Court Hearing (to
sanction the Scheme) is expected to occur on 11June 2010.
+----------------------------------------+----------------------+
| Last day of dealings in, and for | 10 June 2010 |
| registration of transfers of, AfNat | |
| Shares | |
| | |
+----------------------------------------+----------------------+
| Filing of Scheme Court Order | 14 June 2010 |
| | |
+----------------------------------------+----------------------+
| Effective Date of the Scheme | 14 June 2010 |
| | |
+----------------------------------------+----------------------+
| Admission of New AXMIN Shares to | 9.30 a.m. (EDT) on |
| trading on TSX Venture Exchange | 14 June 2010 or as |
| | soon as reasonably |
| | practicable |
| | thereafter |
| | |
+----------------------------------------+----------------------+
| Cancellation of trading of AfNat | 7.00 a.m. (BST) on |
| Shares on AIM | 15 June 2010 |
| | |
+----------------------------------------+----------------------+
| Date for dispatch of New AXMIN Shares | By 25 June 2010 |
| in certificated form | |
+----------------------------------------+----------------------+
Words and expressions defined in the Scheme Document shall have the same
meanings when used in this announcement unless the context otherwise requires.
Enquiries:
+----------------+----------------------+----------------+
| AfNat | David de Jongh | T: +44 20 7881 |
| Resources | Weill, | 0180 |
| Limited | Non-Executive | |
| | Chairman | |
+----------------+----------------------+----------------+
| | | |
+----------------+----------------------+----------------+
| Seymour Pierce | Nicola | T: +44 20 7107 |
| Limited | Marrin/Catherine | 8000 |
| | Leftley | |
+----------------+----------------------+----------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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