.24 Jan 2019 07:10
Ouch! There she goes:
Shareholders should note that:
· If the sale of the operating businesses is completed, Flybe Group plc will then be a non-trading entity with neither subsidiaries nor other material assets
· The sale of Flybe's operating businesses is expected to complete before the Scheme vote
· Once the sale completes, the Scheme vote will relate purely as to whether to approve an offer of 1p per Flybe Group plc share, payable direct to shareholders by Connect Airways.