Notice of Share Scheme Meeting
11 Ottobre 2010 - 9:17AM
UK Regulatory
TIDMPLNT
RNS Number : 1564U
Plantic Technologies Limited
11 October 2010
11 October 2010
PLANTIC TECHNOLOGIES LIMITED
("Plantic" or "the Company")
PLANTIC Shareholders and DEPositary Interest Holders to vote on PROPOSED Share
Scheme and Plantic OptionHolders to vote on PROPOSED Option scheme
Plantic (AIM:PLNT) announces that on 8 October 2010 the Supreme Court of
Victoria made orders directing Plantic to convene a meeting of its shareholders
to consider and vote on the previously announced scheme of arrangement (the
Share Scheme).
The Supreme Court of Victoria also made orders directing Plantic to convene a
meeting of its optionholders to consider and vote on the previously announced
scheme of arrangement (the Option Scheme).
The Share Scheme Meeting will be held at Plantic's offices located at 51 Burns
Road, Altona, Victoria, Australia on 17 November 2010 at 7:00 pm Melbourne,
Australia time. A phone link to this meeting will also be available at the
offices of Matrix Corporate Capital LLP at 1 Vine Street, London W1J 0AH UK on
17 November 2010 at 8:00am GMT.
The Option Scheme Meeting will be held at Plantic's offices located at 51 Burns
Road, Altona, Victoria, Australia on 17 November 2010 at 6:30 pm Melbourne,
Australia time. A phone link to this meeting will also be available at the
offices of Matrix Corporate Capital LLP at 1 Vine Street, London W1J 0AH UK on
17 November 2010 at 7:30am GMT.
Information relating to the Share Scheme and Option Scheme, including the notice
convening the Share Scheme Meeting, the notice convening the Option Scheme
Meeting, and an independent expert's report, will be included in a Scheme
Booklet expected to be sent to Plantic shareholders, depository interest holders
and optionholders on Thursday, 14 October 2010, following registration of the
Scheme Booklet with the Australian Securities and Investment Commission (ASIC).
A further announcement attaching the Scheme Booklet will be released by Plantic
following ASIC registration.
FURTHER INFORMATION:
Plantic Technologies Limited
Brendan Morris, Chief Executive Officer +61
(0) 3 9353 7983
Matrix Corporate Capital LLP
Stephen Mischler
+44 (0) 20 3206 7203
Tim Graham
+44 (0) 20 3206 7206
Pelham Bell Pottinger
Archie Berens
+44 (0) 20 7861 3112
NOTES FOR EDITORS
Plantic Technologies is based in Australia, where its head office, principal
manufacturing and research and development facilities are located. In addition
the company has a rigid packaging manufacturing plant in Jena, Germany together
with sales offices in Germany, the United Kingdom and the USA. Plantic employs
approximately 65 people internationally.
Plantic's novel polymer technology is based on the use of high-amylose corn
starch, a material derived from annual harvesting of specialized non-GM (hybrid)
corn and supplied by National Starch. The unique chemical and film-forming
properties of this type of starch allow for development of a range of
applications across conventional plastics markets. Plantic materials have a
renewable bio-content of approximately 85%. In addition to being
renewably-sourced, Plantic materials are biodegradable, home compostable, water
dispersible and compostable to American (ASTM 6400) and European (EN 13432)
standards.
Plantic Technologies has won numerous international awards for their innovation
in biodegradable plastics. Plantic is listed on the London Stock Exchange (AIM)
under the symbol 'PLNT'.
For more information visit the company's website www.plantic.com.au.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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