JCDecaux SA (Euronext Paris: DEC), the number one outdoor advertising company worldwide, announces that the Federal Court of Australia (NSW) (the Court) has approved the scheme of arrangement in relation to the APN Outdoor transaction (the Scheme).

APN Outdoor has confirmed that an office copy of the Court orders has been lodged with ASIC pursuant to section 411(10) of the Corporations Act 2001 (Cth) and accordingly the Scheme is now legally effective.

APN Outdoor shares have ceased trading on the Australian Securities Exchange at the close of trade on October 18th, 2018.

It is expected that:

  • the Scheme date will be 7.00pm (Sydney time) on October 25th, 2018; and
  • the Scheme will be implemented on October 31st, 2018.

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JCDecaux SA published this content on 18 October 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 18 October 2018 06:42:03 UTC