Last checked at 17 Jun 2016 11:26
Velox3 plc
("Velox3" or "the Company")
Timetable for completion of the acquisition of Sheltyco Enterprises Group Limited ("Sheltyco")
Further to the Schedule One announcement in relation to the readmission to AIM of the Company's Enlarged Share Capital which was released by the London Stock Exchange yesterday, the Company announces that completion of the Acquisition of Sheltyco and Admission of the Enlarged Share Capital to trading on AIM is now expected to occur on 30 June 2016; restoration of trading of the Company's consolidated Ordinary Shares is expected to occur at 8.00 a.m. that day.
Despatch of definitive share certificates for New Ordinary Shares in certificated form is now expected to occur by no later than 13 July.
All other dates, including the date and time of the Extraordinary General Meeting set out in the summary timetable included in the readmission document and circular posted to Shareholders on 9 June 2016 ("Readmission Document") remain unchanged.
A revised timetable of principal events is set out below:
EXPECTED TIMETABLE OF PRINCIPAL EVENTS
| 2016 |
Publication and posting of this document and the Form of Proxy | 9 June |
Latest time and date for return of Forms of Proxy or CREST Proxy instruction for the Extraordinary General Meeting | 10.30 a.m. on 24 June |
Extraordinary General Meeting | 10.30 a.m. on 27 June |
Record dated and time for the Share Consolidation | 5.00 p.m. 28 June |
Completion of the Acquisition | 30 June |
New Ordinary Shares admitted to trading on AIM and dealings in the New Ordinary Shares commence and enablement in CREST | 8.00 a.m. on 30 June
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Despatch of definitive share certificates for New Ordinary Shares in certificated form | by 13 July
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Notes:
(1) References to times in this document are to London, UK time (unless otherwise stated).
(2) The timing of the events in the above timetable is indicative only. If any of the above times and/or dates are adjusted by the
Company (with the agreement of Stockdale Securities), the revised times and/or dates will be notified to the London Stock Exchange by an announcement via a Regulatory Information Service and, where appropriate, to Shareholders.
Capitalised terms used in this announcement but not defined have the meanings given to them in the Readmission Document.
-Ends-
For further information please contact:
Velox3 David Mathewson, Chairman + 44 (0)16 2464 7979
Stockdale Securities +44 (0)20 7601 6100 Antonio Bossi David Coaten
Newgate Communications +44 (0)20 7653 9850 Adam Lloyd Robyn McConnachie Helena Bogle
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