Tarsus Regulatory News (TRS)

22 Jul 2009 14:46



Not for release, publication or distribution in whole or in part in, into or from any jurisdiction where to do the same would constitute a violation of the relevant laws of such jurisdiction

CapRegen plc

Offer Update: Court sanction of Scheme of Arrangement

CapRegen plc is pleased to announce that the High Court of Justice has today made the Order sanctioning the Scheme of Arrangement, as described in the announcement of 9 June 2009, by which the cancellation of Scheme Shares is being implemented.

Pending the filing of the Order with the Registrar of Companies, the anticipated Effective Date of the Scheme is 23 July 2009 and share certificates in respect of the new Tarsus Shares due to Scheme Shareholders are expected to be despatched by 6 August 2009. The CapRegen Shares were suspended from trading on AIM on 21 July 2009 and will be cancelled from trading on AIM with effect from 24 July 2009.

Terms defined in the Scheme Document shall have the same meaning(s) when used in this announcement. 

Enquiries: 

Astaire Securities Plc, which is authorised and regulated in the UK by the FSA, is acting exclusively as financial adviser to CapRegen and no one else in connection with the Proposal and will not be responsible to anyone other than CapRegen for providing the protections afforded to customers of Astaire Securities Plc nor for providing advice in relation to the Proposal or any other matter referred to in this announcement.