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Bids, Mergers and Takeovers

Brammer scheme sanctioned

02 February 2017 13:08

Brammer has announced that the High Court of Justice in England and Wales has today sanctioned the scheme of arrangement by which the recommended cash offer made by AI Robin Limited for the entire issued and to be issued share capital of the Company is being implemented.

It is expected that the Effective Date of the Scheme will be 6 February 2017, which is when the Court Order is expected to be delivered to the Registrar of Companies.

At 1:08pm: (LON:BRAM) Brammer PLC share price was -0.25p at 164.75p

Story provided by StockMarketWire.com

Related Company: BRAM

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