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Court Sanction

12 Dec 2008 14:38

RNS Number : 0643K
Bramlin Limited
12 December 2008
 

Bramlin Limited

12 December 2008

Not for release, publication or distribution, in whole or in part, in, into or from Canada, Australia, New Zealand, South Africa or Japan or any other jurisdiction where to do so would constitute a violation of the relevant laws or regulations of such jurisdiction.

FOR IMMEDIATE RELEASE 12 DECEMBER 2008

BRAMLIN LIMITED

('Bramlin' or 'the Company')

RECOMMENDED ACQUISITION OF BRAMLIN BY VICTORIA OIL & GAS PLC ("VOG") BY WAY OF SCHEME OF ARRANGEMENT 

UNDER SECTION 105 OF THE COMPANIES (GUERNSEY) LAW, 2008 (AS AMENDED)

COURT SANCTION 

The Directors of Bramlin and VOG are pleased to announce that, at the Court Hearing held earlier today, the Royal Court of Guernsey has sanctioned the Scheme of Arrangement ('Scheme') for the acquisition of Bramlin by VOG under Section 105 of the Companies (Guernsey) law, 2008 (as amended). 

Under Guernsey law the Scheme has thereby become effective on 12 November 2008 ('Effective Date'). 

Key Dates

Cancellation to trading of Bramlin Shares on AIM

15 December 2008

Admission of New VOG Shares to trading on AIM

15 December 2008

CREST accounts credited with New VOG Shares

Not later than 14 days after the Effective Date

Despatch of certificates of New VOG Shares

Not later than 14 days after the Effective Date

The dates are based on the Directors' expectations and may be subject to change. If any of the above times or dates should change, the revised dates will be notified to Bramlin Shareholders through the RNS.

Enquiries:

Jim Ford/Alan Thomas

Bramlin Limited

Tel: +44 (0)20 7960 9629

www.bramlin.com

Daniel Fox Davies

Fox-Davies Capital Limited 

Tel: +44 (0) 20 7936 5230

www.fdcap.com

Thilo Hoffman / Mira Shukanayeva

Zimmermann Adams International Limited

Tel: +44 (0) 20 7060 1760

www.zimmint.com

Jonathan Charles/ Ed Portman 

Conduit PR

Tel: +44 (0) 20 7429 6611/+ 44 (0) 7791 892 509

www.conduitpr.com

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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