18 Feb 2022 17:31
SimiGon Ltd
("SimiGon" or "the Company")
Result of Special General Meeting of Shareholders
SimiGon, a global leader in providing simulation solutions, announces that at the Company's Special General Meeting of Shareholders (the "Meeting") held earlier today all resolutions were duly passed.
Below is a summary of the anticipated timetable (all in London time) regarding the completion of the Merger and the Delisting[1]:
Date | Event |
Friday, March 18, 2022 | Last time for dealings in SimiGon shares |
7:30am on Monday, March 21, 2022 | Trading in the Company's shares will be suspended pending effectiveness of the Merger and disablement in CREST |
During the course of Monday, March 21, 2022 | The Merger becomes effective upon, and subject to, issuance of the merger certificate in accordance with the Companies Law.[2] |
6:00pm on Monday, March 21, 2022 | The Depositary Interests (DIs) will be cancelled, and all DI holders will be registered as shareholders on the SimiGon share register. Settlement of transactions concluded prior to this date will be performed until close of business UK time on this date. Record date for entitlement to Merger Consideration. |
7:00am on Tuesday, March 22, 2022 | Cancellation of admission to trading on AIM |
If any of the above dates change, the revised dates will be notified to Shareholders through a Regulatory Information Service announcement with the dates following the Meeting.
Enquiries:
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[1] The above dates are subject to change, primarily if the closing conditions in accordance with the Merger Agreement cannot be fulfilled by the specified date.
[2] The Companies Law requires at least 30 days following approval of the Merger at the Meeting before the effective date of the Merger.