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Pin to quick picksInmarsat Regulatory News (ISAT)

Share Price Information for Inmarsat (ISAT)

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Share Price: 544.40
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Change: 0.00 (0.00%)
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Open: 544.40
High: 550.00
Low: 539.80
Yest. Close: 544.40
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Inmarsat

Fri, 8th Nov 2019 17:30

RNS Number : 8627S
FTSE Russell
08 November 2019
 

 

 


 

 

Inmarsat (UK): Scheme of Arrangement 

Informative Notice

08 November 2019

FTSE Russell notes the announcement by Inmarsat (UK, B09LSH6, GEIS Small Cap, FTSE 250 Index) in regards to the Court Hearing dates for the scheme of arrangement in relation to the cash acquisition by Connect Bidco Ltd (non-constituent) whereby each share of Inmarsat will be exchanged for USD 7.09.  Based on the current timetable, the Court Hearing will take place on 28 November 2019 and 29 November 2019, and the last day of dealings in Inmarsat is expected to coincide with the date the judgement is received (i.e. 28 November or 29 November).  Noting that all substantive conditions have been achieved and in order to provide adequate notice to avoid the transaction moving into a delayed status, FTSE Russell intends to remove Inmarsat from the FTSE Russell Indexes (with the associated replacement company added to the FTSE 250 Index), effective from the open of 29 November 2019.

 

FTSE Russell will continue to monitor for updates and further notices will be released in due course.

 

 

 

 

For further information please contact FTSE Russell Client Services at info@ftserussell.com or call:

Australia

+1800 653 680

Hong Kong

+852 2164 3333

Japan

+81 3 4563 6346

London

+44 (0) 20 7866 1810

New York

+1866 551 0617

                                   

 

Alternatively please visit our website at www.ftserussell.com

Terms of Use | Copyright © 2019 FTSE Russell

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
FTSBPBATMBAMBPL
Date   Source Headline
4th Dec 20194:48 pmRNSHolding(s) in Company
4th Dec 20194:18 pmRNSForm 8.5 (EPT/RI) - Replacement of INMARSAT PLC
4th Dec 20193:30 pmRNSForm 8.3 - Inmarsat PLC
4th Dec 20193:30 pmRNSForm 8.3 - Inmarsat Plc
4th Dec 20193:22 pmRNSForm 8.3 - Inmarsat Plc

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