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Investegate |TalkTalk Telecom Gp Announcements | TalkTalk Telecom Gp: Court Sanction of Scheme
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The contents of this announcement, which has been prepared by and is the sole responsibility of Trustpilot Group plc, has been approved by Morgan Stanley & Co. International plc and J.P. Morgan Securities plc, solely for the purposes of section 21(2)(b) of the Financial Services and Markets Act 2000 (as amended). The information contained in this announcement is for background purposes only and does not purport to be full or complete. No reliance may be placed by any person for any purpose on the information contained in this announcement or its accuracy, fairness or completeness. This announcement is not for publication or distribution, directly or indirectly, in or into Australia, Canada, Japan or the United States (including its territories and possessions, any State of the United States and the District of Columbia) or any other jurisdiction where to do so would constitute a violation of the relevant laws of such juri
On 27 January 2021, the board of directors of AMS Holdco 2 Limited ( SWM Bidco ), an indirectly wholly-owned subsidiary of Schweitzer-Mauduit International, Inc. ( SWM ), and the board of directors of Scapa Group plc ( Scapa ), announced (the Offer Announcement ) their agreement on the terms of a recommended cash offer by SWM Bidco for the acquisition of the entire issued and to be issued ordinary share capital of Scapa (the Offer ). The Offer is to be implemented by means of a scheme of arrangement under Part 26 of the Companies Act.
Capitalised terms used and not defined herein have the meaning given to them in the Scheme Document in respect of the Offer published and made available to Scapa Shareholders on 22 February 2021, which stated that each Scheme Shareholder would be entitled to receive, for each Scheme Share, 210 pence in cash.