Further to the announcement made on 19 November 2007, the board of directors of AIDG Jersey Acquisitions and D&G are pleased to announce that earlier today the High Court confirmed the Capital Reduction forming part of the Scheme.
Accordingly, all the conditions of the Scheme have been satisfied or waived other than those relating to the delivery to and registration of the Reduction Court Order to the Registrar of Companies.
The Scheme is expected to become effective on 22 November 2007 and cheques will be despatched or consideration settled through CREST on or before 6 December 2007.
D&G Shares have been suspended from trading from 7:30 a.m. today. An application has been made to the UK Listing Authority requesting the cancellation of the listing of the D&G Shares on the Official List as well as the trading of D&G Shares on the London Stock Exchange. Cancellation is expected to take place at 8.00 a.m. on 26 November 2007. Any capitalised term used but not defined in this announcement has the same meaning as given to it in the Scheme document dated 24 September 2007 (the ‘Scheme Document’).