Merger of Wichford P.L.C and Redefine International plc
On 13 July 2011 the Boards of Wichford P.L.C. (“the Company”) and Redefine International plc (renamed Redefine International Holdings Limited "RIHL") announced that they had reached agreement on the terms of a recommended all share offer to be made by the Company for the entire issued ordinary share capital of RIHL (“the merger”). In terms of the offer RIHL shareholders were entitled to receive 7.2 shares in the Company for each RIHL share.
On 22 August 2011 the Company announced that the merger had become unconditional in all aspects and on 23 August 2011 announced the admission of 543,890,859 ordinary shares of 7.2 pence to the Premium Segment of the official list of the UK Listing Authority and to trading on the London Stock Exchange's Main Market for listed securities. The merged company now trades as Redefine International P.L.C. under the ticker RDI.
As at 4 October 2011, the Company had received valid acceptances of the Offer in respect of a total of 449,701,785 RIHL Shares, representing approximately 99.45 per cent of the ordinary share capital of RIHL. The remaining 0.55 per cent of the RIHL Shares in issue were therefore compulsorily acquired by the Company and, in accordance with Jersey law, are being held in trust by the Company. Non-assenting RIHL shareholders who have not yet accepted the Offer are encouraged to contact the Company as soon as possible; please email: LHibberd@redefineinternational.com