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RNS Number:8310U
Carlton Communications PLC
30 January 2004
30 January 2004
Carlton Communications Plc/ Granada plc
High Court Sanctions Merger
Carlton and Granada announce that at a hearing held today the High Court of
Justice in England and Wales sanctioned the Carlton ordinary shareholder scheme
of arrangement and the Granada scheme of arrangement by which the merger of
Carlton and Granada to form ITV plc will be effected.
Dealings in ordinary and convertible shares in ITV plc on the London Stock
Exchange will commence on 2 February 2004. Dealings in the ordinary shares of
Carlton and Granada on the London Stock Exchange will cease at the close of
business today (London time) and dealings in Carlton ADSs on NASDAQ will cease
at the close of business today (New York time). Dealings in the 6.5p (net)
cumulative convertible redeemable preference shares of Carlton on the London
Stock Exchange will continue.
DISCLOSURE NOTICE: The information contained in this press release is as of 30
January 2004. Carlton and Granada assume no obligation to update any
forward-looking statements contained in this press release as a result of new
information for future events or developments.
In order to utilise the "Safe Harbor" provisions of the United States Private
Securities Litigation Reform Act of 1995, Carlton and Granada are providing the
following cautionary statement: This document contains certain statements that
are or may be forward-looking with respect to the expected timing and completion
of the merger between Carlton and Granada. By their nature, forward-looking
statements involve risk and uncertainty because they relate to events and depend
on circumstances that will occur in the future. There are a number of factors
that could cause actual results and developments to differ materially from those
expressed or implied by such forward-looking statements.
This information is provided by RNS
The company news service from the London Stock Exchange
END
STRILFFFLSIIVIS
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