Source - RNS
RNS Number : 1147P
Charter Court Financial Svs Grp PLC
08 October 2019
 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION

FOR IMMEDIATE RELEASE

8 October 2019

Recommended all-share combination

of

OneSavings Bank plc

and

Charter Court Financial Services Group plc

 

CANCELLATION OF LISTING OF CHARTER COURT FINANCIAL SERVICES GROUP PLC

Further to the announcements made by Charter Court Financial Services Group plc ("Charter Court") and OneSavings Bank plc ("OSB") on 3 October 2019 and 4 October 2019 regarding sanction of the Scheme by the Court and the Scheme having become effective, Charter Court announces that, following an application by Charter Court, the Financial Conduct Authority has cancelled the listing of Charter Court Shares on the premium segment of the Official List and the London Stock Exchange has cancelled the trading of Charter Court's Shares on its market for listed securities, in each case with effect from 8.00 a.m. today, 8 October 2019.

All references to times in this announcement are to London time, unless otherwise stated.

Defined terms used but not defined in this announcement have the meanings set out in the Scheme Document dated 15 May 2019.

Enquiries:

RBC Capital Markets (Joint Financial Adviser and Corporate Broker to Charter Court)

Oliver Hearsey                                                                                Tel: +44 (0) 20 7653 4000

Kevin J. Smith

Daniel Werchola

Steve Winter

Credit Suisse (Joint Financial Adviser to Charter Court)

George Maddison                                                                           Tel: +44 (0) 20 7888 8888

Gaurav Parkash

Joe Hannon

Max Mesny

Brunswick (Financial PR Adviser to OSB)

Robin Wrench                                                                                 Tel: +44 (0) 20 7404 5959

Simone Selzer

Linklaters LLP are retained as legal adviser to Charter Court.

Important Notices

RBC Europe Limited (trading as RBC Capital Markets) ("RBC Capital Markets"), which is authorised by the Prudential Regulation Authority and regulated in the UK by the Financial Conduct Authority and the Prudential Regulation Authority, is acting as financial adviser exclusively for Charter Court and no one else in connection with the Combination and will not be responsible to anyone other than Charter Court for providing the protections afforded to clients of RBC Capital Markets, nor for providing advice in connection with the Combination or any matter referred to herein.

Credit Suisse International ("Credit Suisse"), which is authorised by the Prudential Regulation Authority and regulated in the UK by the Financial Conduct Authority and the Prudential Regulation Authority, is acting as financial adviser exclusively for Charter Court and no one else in connection with the Combination and will not be responsible to anyone other than Charter Court for providing the protections afforded to clients of Credit Suisse, nor for providing advice in relation to the content of this announcement or any matter referred to herein. Neither Credit Suisse nor any of its subsidiaries, branches or affiliates owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Credit Suisse in connection with the Combination.

This announcement is for information purposes only and does not constitute an offer to sell or an invitation to purchase any securities or the solicitation of an offer to buy any securities, pursuant to the Combination or otherwise. The Combination will be made solely by means of the Scheme Document or any document by which the Combination is made which will contain the full terms and conditions of the Combination, including details of how to vote in respect of the Combination.

This announcement has been prepared for the purpose of complying with English law and the Takeover Code and the information disclosed may not be the same as that which would have been disclosed if this announcement had been prepared in accordance with the laws of jurisdictions outside England and Wales.

Publication on Website

A copy of this announcement will be made available on Charter Court's and OSB's websites at www.chartercourtfs.co.uk and www.osb.com respectively by no later than 12 noon (London time) on 9 October 2019. For the avoidance of doubt, the contents of those websites are not incorporated and do not form part of this announcement.

Other

The International Securities Identification Number for Charter Court is GB00BD822578.

Charter Court Financial Services Group plc LEI: 213800LWUMOSRMT5G527


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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