What is the procedure for the acquisition of the shares?

The acquisition of the Shares is being carried out by way of a Court-approved procedure known as a scheme of arrangement. The Scheme received the approval of the Shareholders at the Court Meeting and at the General Meeting, both held on 31 January 2011.

As Shareholders approved the Scheme at these Meetings, and as the other relevant conditions to which the Scheme is subject, have been satisfied, the Court sanctioned the Scheme on February 28th 2011. Consequently,  The issued share capital of Cattles plc has been acquired by Bovess Ltd, and you have ceased to be a Shareholder.

 

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