Integra Group Announces Cancellation of GDR Listing
OREANDA-NEWS. Integra Group (the “Company”) (LSE: INTE) hereby announces that on 23 May 2014, the Cayman Registrar of Companies approved and issued a Certificate of Merger in respect of the merger of the Company with a company formed by certain members of the Company's management team (the “Merger”), whereupon the Merger became effective. The Company will now commence settlement of the merger consideration payable to shareholders in accordance with the terms and conditions of the Merger.
Further, on 16 April 2014, the Company announced it intended to cancel the listing of the global depositary receipts (“GDRs”) representing its ordinary shares on the Official List of the UK Listing Authority and the admission of the GDRs to trading on the London Stock Exchange plc (the “GDR Delisting”), conditional upon the Merger becoming effective (the “GDR Delisting Condition”). The GDR Delisting Condition has now been satisfied and the GDR Delisting shall take effect from 8 a.m. on 28 May 2014.
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