RE: Takeover24 Dec 2021 10:31
This is from the RNS...
Suspension and De-Listing of U+I Shares
Dealings in U+I Shares have been suspended from trading on the London Stock Exchange's Main Market for listed securities with effect from 7.30 a.m. today. (14th Dec that is)
Applications have been made to the London Stock Exchange for the cancellation of the admission to trading of the U+I Shares on the London Stock Exchange's Main Market for listed securities and to the FCA for the cancellation of the listing of U+I Shares on the Official List, which are each expected to effect from 8.00 a.m. on 15 December 2021.
Settlement of Consideration
Scheme Shareholders on the U+I register of members at the Scheme Record Time, being 6.00 p.m. on 13 December 2021, will be entitled to receive 149 pence in cash for each Scheme Share held.
Settlement of the consideration to which any Scheme Shareholder is entitled will be effected by way of the despatch of cheques or the crediting of CREST accounts (for Scheme Shareholders holding Scheme Shares in certificated form and in uncertificated form respectively) (or by any other method approved by the Panel) as soon as practicable and in any event not later than 14 days after the Effective Date, as set out in the Scheme Document.
.... I hope this helps, maybe slip to first banking day after Christmas? Anyway hope we all get our dues soon!
Merry Christmas to you too!
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