ROYAL TUNBRIDGE WELLS, UK, April 16, 2012 /CNW/ - Synchronica plc
("Synchronica" or "the Company"), announces that following the
announcement from Myriad Group AG earlier today that all the remaining
conditions to the offer for Synchronica PLC have been waived and that
the offer is now wholly unconditional, it intends to apply to the
London Stock Exchange for the cancellation of trading in the
Synchronica Shares on AIM.
It is anticipated that the last day of dealings in Synchronica Shares
will be 15 May 2012 and that such cancellation will take effect at
7.00a.m on 16 May 2012.
The cancellation of trading of Synchronica Shares will significantly
reduce the liquidity and marketability of any Synchronica Shares not
acquired by Myriad.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release. No
stock exchange, securities commission or other regulatory authority has
approved or disapproved the information contained herein.
The foregoing information may contain forward-looking statements
relating to the future performance of Synchronica. Forward-looking
statements, specifically those concerning future performance, are
subject to certain risks and uncertainties, and actual results may
differ materially from Synchronica's plans and expectations. These
plans, expectations, risks and uncertainties are detailed herein and
from time to time in the filings made by Synchronica with the TSX
Venture Exchange and securities regulators. Synchronica does not assume
any obligation to update or revise its forward-looking statements,
whether as a result of new information, future events or otherwise.
SOURCE Synchronica plc
For further information:
Simon Wilkinson, Executive Director
++44 (0) 7767 335880
+44 (0) 207 933 8780
TMX | Equicom
+1 416 815 0700 Ext 290
Northland Capital Partners
+44 (0) 207 796 8800
Shane Gallwey/Rod Venables