De-listing application

4 Apr 2005 09:23

Novar PLC04 April 2005 4 April 2005 NOVAR PLC DE-LISTING APPLICATION FOR NOVAR ORDINARY AND PREFERENCE SHARES; REDEMPTION AND DE-LISTING OF NOVAR B SHARES De-listing application in respect of Novar ordinary and preference shares Application has been made by Novar to the UK Listing Authority for thecancellation of the listing of ordinary shares and preference shares on theOfficial List and to the London Stock Exchange for the cancellation of theadmission to trading of ordinary shares and preference shares in Novar on theLondon Stock Exchange's market for listed securities. Cancellation is expectedto take effect in each case on 29 April 2005, being not less than 20 businessdays following the date of the announcement made by Honeywell on 31 March 2005of its intention to procure such application by Novar. Redemption and de-listing application in respect of Novar "B" shares Notice is given that notification relating to the redemption by Novar on 20 May2005 of all "B" Shares of 100 pence each (""B" Shares") in Novar was despatchedtoday to all holders of "B" Shares. Notice is also given that Novar has applied to the UK Listing Authority and theLondon Stock Exchange for the cancellation of the listing and admission totrading of "B" Shares. It is anticipated that the cancellation of listing andtrading will take effect no earlier than 20 business days after the date of thisannouncement. Accordingly, it is expected that such cancellation will takeeffect on 3 May 2005, or as soon as practicable thereafter, but prior to thedate of redemption of the "B" Shares. A copy of the notification relating to the redemption and de-listing in respectof the "B" Shares has been submitted for publication through the DocumentViewing Facility of the UK Listing Authority. END This information is provided by RNS The company news service from the London Stock Exchange