Omnova shareholders approval
Released : 11 Oct 2019 07:00
RNS Number : 5512P
Synthomer PLC
11 October 2019
Synthomer plc (the 'Company')
Omnova shareholders vote in favour of Synthomer's proposed acquisition
Synthomer notes yesterday's announcement by OMNOVA Solutions Inc. that its shareholders have voted overwhelmingly in favour to approve Synthomer's proposed acquisition. Shareholders from both companies have now voted in favour of the proposed transaction that was originally announced on 3rd July 2019.
The transaction received regulatory clearance from US authorities in August and remains subject to merger clearances from the European Commission and in Turkey, the processes for which are ongoing.
The Company continues to target completion of the transaction in late 2019, however, there can be no assurances regarding the timing of regulatory clearances which could delay completion to early 2020 and a further announcement will be made in due course.
ENQUIRIES: | |
Calum MacLean, Chief Executive Officer | Tel: 01279 436211 |
Stephen Bennett, Chief Financial Officer | Tel: 01279 436211 |
Tim Hughes, President, Corporate | Tel: 01279 436211 |
Development | |
Charles Armitstead, Teneo | Tel: 020 3603 5220 |
‐ ENDS ‐ |
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 rns@lseg.comor visit www.rns.com.
END
MSCURRRRKVARAUA
Attachments
- Original document
- Permalink
Disclaimer
Synthomer plc published this content on 11 October 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 October 2019 06:15:05 UTC