Camellia Regulatory News (CAM)

14 Nov 2005 12:05

Camellia PLC14 November 2005 14 November 2005 Camellia Plc ("Camellia")Linton Park Plc ("Linton Park") Result of Linton Park Court Hearing and Statements re Camellia AdditionalListing and Linton Park Delisting At the Linton Park Court Hearing held today, the Court sanctioned the LintonPark Scheme of Arrangement under section 425 Companies Act 1985 (the "Scheme"),pursuant to which Linton Park will become a wholly owned subsidiary ofCamellia. Application has been made for admission to the Official List of the UK ListingAuthority, and to trading on the London Stock Exchange, of up to 248,011 newordinary shares of 10 pence each of Camellia ("New Camellia Shares") to beissued in accordance with the Scheme. Admission is expected to become effectiveon 17 November 2005. The New Camellia Shares will, upon issue, rank pari passu with Camellia'sexisting ordinary shares. Following the issue of the New Camellia Shares,Camellia will have up to 2,843,011 ordinary shares in issue. The cancellation of admission of Linton Park ordinary shares to trading on AIMis expected to take effect on 17 November 2005. Enquiries Camellia 01622 746655Malcolm Perkins Linton Park 01622 746655Tom Lupton KPMG Corporate Finance 020 7311 1000Tom Franks Teather & Greenwood Limited 020 7426 9000Jeff KeatingSindre Ottesen KPMG Corporate Finance, a division of KPMG LLP which is authorised and regulatedin the United Kingdom by the Financial Services Authority for investmentbusiness activities, is acting exclusively as financial adviser for Camellia inrelation to the proposal and is not acting for any other person in relation tosuch proposal and will not be responsible to anyone other than Camellia foradvice in relation to the contents of this announcement, or the proposal or anyarrangement referred to herein. Teather & Greenwood Limited, which is authorised and regulated in the UnitedKingdom by the Financial Services Authority, is acting exclusively for LintonPark and for no one else in relation to the proposal and will not be responsibleto anyone other than Linton Park for providing the protections afforded toclients of Teather & Greenwood Limited or for giving advice in relation to theproposal, the contents of this announcement or any other arrangement or matterreferred to herein. This information is provided by RNS The company news service from the London Stock Exchange