Chloride Group Court Confirmation Of Reduction Of Cap
02 Septembre 2010 - 2:31PM
Dow Jones News
Chloride Group PLC (CHLD.LN), a company engaged in supply of
power solutions, including the manufacture and sale of power supply
systems announced Thursday the High Court of Justice has made an
order confirming the reduction of Chloride's share capital in
connection with the Scheme of Arrangement by which Rutherfurd
Rutherfurd Acquisitions Limited' s acquisition of Chloride is being
implemented.
MAIN FACTS:
-This follows the Court's sanction of the Scheme at a hearing
held on August 31.
-The Scheme will become effective upon the Court Orders being
delivered to the Registrar of Companies which is expected to take
place on September 3.
-Shares at 1159 GMT down 0.40 pence, or 0.11%, at 374.60
pence.
-By Zechariah Hemans, Dow Jones Newswires; 44-20-7842-9411;
zechariah.hemans@dowjones.com
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