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
OneSavings Bank plc
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.
RBC Capital Markets (Joint Financial Adviser and Corporate Broker to Charter Court)
Oliver Hearsey Tel: +44 (0) 20 7653 4000
Kevin J. Smith
Credit Suisse (Joint Financial Adviser to Charter Court)
George Maddison Tel: +44 (0) 20 7888 8888
Brunswick (Financial PR Adviser to OSB)
Robin Wrench Tel: +44 (0) 20 7404 5959
Linklaters LLP are retained as legal adviser to Charter Court.
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.
The International Securities Identification Number for Charter Court is GB00BD822578.
Charter Court Financial Services Group plc LEI: 213800LWUMOSRMT5G527
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