HaiKe Chemical Group - Exit Facility and Cancellation
("HaiKe", the "Group" or the "Company")
Exit Facility, Cancellation and Matched Bargain Facility
The Exit Facility is now closed, and payments to accepting holders of Ordinary Shares or Depositary Interests (as applicable) are expected to be made on
The Company expects that the last day of dealings in the Ordinary Shares on AIM will be today,
The Company will also be cancelling the Depositary Interest facility following Cancellation and Depositary Interest holders will receive a share certificate for their cancelled Depositary Interest holding.
Matched Bargain Facility
Following Cancellation, the Company will become a private overseas company and the Company recognises that this will make it more difficult for Shareholders to buy and sell Ordinary Shares should they wish to do so. Therefore, as set out in Part 7 of the circular dated
Under the Matched Bargain Facility, Shareholders or persons wishing to acquire or dispose of Ordinary Shares in the Company following Cancellation should contact the Company via email to [email protected], giving an indication that they are prepared to buy or sell at a specified price. In the event that the Company is able to match that indication with an opposite sell or buy instruction, the Company will contact both parties to arrange the trade.
However, in carrying out such activities, the Company will take no responsibility to match up Shareholders wishing to sell and purchase Ordinary Shares, and no responsibility in respect of the time frame in which introductions or communications (if any) are made or as to the price at which any trades might take place.
Details of the Matched Bargain Facility will also be published on the Company website at www.haikechemical.com.
For further information:
Cardew Group +44 (0) 20 7930 0777
Shan Shan Willenbrock / Joe McGregor [email protected]
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
Defined terms used in this announcement have the same meaning as in the Company's circular to Shareholders dated
If any of the above times and/or dates in this announcement change, the revised times and/or dates will be notified to Shareholders by announcement through the
All times stated in this announcement are London times unless otherwise stated.
This information is provided by RNS
Quick facts: Haike Chemical
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