capital of ITWP, which owns the entire issued share capital of ToLuna,
of Arrangement whereby ToLuna plc was taken private by ITWP.
01 each in the capital of ITWP ("ITWP Shares"), the
by ITWP which was implemented by way of a scheme of arrangement under
proposed sale of ToLuna to ITWP Acquisitions Limited in a deal that
from ITWP Acquisitions in June 2011, following ITWP's acquisition
capital of ITWP
, the holding company of ToLuna Limited (formerly ToLuna
ToLuna announces that at a hearing held earlier today, the High Court of Justice in England and Wales (the "Court") sanctioned the scheme of arrangement under Part 26 of the Companies Act 2006 (the "Scheme") to effect the proposed acquisition of ToLuna by ITWP
The proposed consideration is a mix of cash, ITWP
The boards of ToLuna and ITWP
are pleased to announce that the scheme document (the "Scheme Document") which sets out, amongst other things, the full terms and conditions of the Scheme, an explanatory statement pursuant to section 897 of the Companies Act, a timetable of principal events and details of the actions to be taken by ToLuna shareholders, was posted to ToLuna shareholders last night.
of the proposed acquisition by ITWP
the Scheme elect to receive ITWP
Shares, B loan notes or C loan notes,