Source - RNS
RNS Number : 8627S
FTSE Russell
08 November 2019





Inmarsat (UK): Scheme of Arrangement 

Informative Notice

08 November 2019

FTSE Russell notes the announcement by Inmarsat (UK, B09LSH6, GEIS Small Cap, FTSE 250 Index) in regards to the Court Hearing dates for the scheme of arrangement in relation to the cash acquisition by Connect Bidco Ltd (non-constituent) whereby each share of Inmarsat will be exchanged for USD 7.09.  Based on the current timetable, the Court Hearing will take place on 28 November 2019 and 29 November 2019, and the last day of dealings in Inmarsat is expected to coincide with the date the judgement is received (i.e. 28 November or 29 November).  Noting that all substantive conditions have been achieved and in order to provide adequate notice to avoid the transaction moving into a delayed status, FTSE Russell intends to remove Inmarsat from the FTSE Russell Indexes (with the associated replacement company added to the FTSE 250 Index), effective from the open of 29 November 2019.


FTSE Russell will continue to monitor for updates and further notices will be released in due course.





For further information please contact FTSE Russell Client Services at [email protected] or call:


+1800 653 680

Hong Kong

+852 2164 3333


+81 3 4563 6346


+44 (0) 20 7866 1810

New York

+1866 551 0617



Alternatively please visit our website at

Terms of Use | Copyright © 2019 FTSE Russell


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
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account.