No appeal
The opposing shareholders have confirmed to the Company that no appeal will be made.
Accordingly, Dee Valley now intends to implement the Scheme as soon as possible and will make a further announcement as to the anticipated timetable in due course. It is expected that the Scheme will become effective this week.
The Dee Valley Board continues to recommend the Scheme to the Dee Valley Shareholders and Dee Valley Shareholders should continue to take no action in respect of the Ancala offer and should not sell their shares to Ancala.
Capitalised terms used and not defined in this announcement have the meanings given to them in the circular relating to the Scheme dated 2 December 2016.