Abrdn Property Regulatory News (API)

17 Dec 2007 16:50

API Group PLC17 December 2007 17 December 2007 API GROUP PLC ("API GROUP" OR THE "COMPANY") NOTICE OF EXTRAORDINARY GENERAL MEETING IN RELATION TO THE OPEN OFFER Following the Company's announcement earlier today in relation to the fullyunderwritten open offer to raise approximately £8.0 million (before expenses),the Company is pleased to announce that it expects to despatch a prospectus toshareholders today convening an Extraordinary General Meeting at 2:00pm on 9January 2008 (the "EGM"). The EGM has been convened to approve the resolutionsset out in this morning's announcement. An expected timetable of events is set out below. Record Date for entitlement under the Open Offer close of business on 14 December 2007 (not 13 December as set out in today's earlier announcement) Posting of Prospectus and Application Forms 17 December 2007 Open Offer Entitlements credited to stock accounts of 18 December 2007Qualifying CREST Shareholders in CREST Recommended latest time for requesting withdrawal of 4.30 p.m. on 3 January 2008Open Offer Entitlements from CREST Latest time and date for receipt of Forms of Proxy 2.00 p.m. on 7 January 2008 Latest time for depositing Open Offer Entitlements into 3.00 p.m. on 7 January 2008CREST Latest time and date for splitting of white Application 3.00 p.m. on 8 January 2008Forms and blue Excess CREST Application Forms (tosatisfy bona fide market claims only) General Meeting 2.00 p.m. on 9 January 2008 Latest time and date for receipt of completed white 11.00 a.m. on 10 January 2008Application Forms and blue Excess CREST ApplicationForms and payment in full under the Open Offer orsettlement of relevant CREST instruction Admission and commencement of dealings in New Ordinary 8.00 a.m. on 18 January 2008Shares CREST members' accounts credited in respect of New 18 January 2008Ordinary Shares in uncertificated form Despatch of definitive share certificates for New 23 January 2008Ordinary Shares in certificated form by no later than A copy of the Prospectus is available from the Company's website atwww.apigroup.com. Enquiries Andrew Turner, Group Chief Executive Officer, 01625 858700API Group plc Tim Spratt / Nicola Biles 020 7831 3113Financial Dynamics Nick Westlake/Bruce Garrow 020 7260 1000Numis Securities Ltd This information is provided by RNS The company news service from the London Stock Exchange