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Bids, Mergers and Takeovers

Pace say Scheme of Arrangement now effective

04 January 2016 10:18

Pace said the Scheme of Arrangement underpinning its recommended combination with Arris Group has now become effective, in accordance with its terms.

The listing of Pace Shares on the Official List and admission to trading of Pace Shares on the London Stock Exchange has been cancelled with effect from 8.00 a.m. (London time) tomorrow, 5 January 2016.

Capitalised terms used but not defined in this announcement have the meanings set out in the scheme document published by Pace on 25 September 2015.

At 10:18am:

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