LiDCO Group Plc Notice of Cancellation
RNS Number : 9858H
LiDCO Group Plc
08 December 2020
LiDCO Group Plc
("LiDCO" or the "Company")
Notice of Cancellation
LiDCO (AIM: LID), a leading supplier of hemodynamic monitoring
solutions, announces that it has applied to the London Stock
Exchange for the cancellation of the admission of the Company's
shares to trading on AIM.
This follows the announcement released earlier today, where the
recommended cash offer made by Masimo LHC Limited ("Masimo") for
the entire issued and to be issued share capital of LiDCO ("Offer")
was declared wholly unconditional in all respects. Masimo requested
that the LiDCO Board takes the necessary steps to apply to the
London Stock Exchange for the cancellation of the admission to
trading of LiDCO Shares on AIM and to re-register LiDCO as a
private limited company under the relevant provisions of the
Accordingly, admission of the Company's shares to trading on AIM
will be cancelled with effect from 7.00 a.m. on 11 January 2021.
The last day of dealings in the Company's shares on AIM will be 8
January 2021 following which shareholders who have not accepted the
Offer will not be able to trade their shares on a public trading
Following cancellation, N+1 Singer will cease to act as
nominated adviser and broker to the Company.
Masimo have extended the Offer which will now remain open for
acceptances until 1.00pm on 11 January 2021.
For further information:
LiDCO Tel: +44 20 7749 1500
Peter Grant (Non-Executive Chairman)
Matt Sassone (Chief Executive Officer)
Tim Hall (Chief Financial Officer)
N+1 Singer - Nominated Adviser and Broker Tel: +44 20 7496 3600
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact email@example.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
(END) Dow Jones Newswires
December 08, 2020 13:02 ET (18:02 GMT)