Kiln shares to cease trading after market closes this afternoon
Kiln Ltd is pleased to confirm that all the remaining conditions to the amalgamation of Kiln Ltd with Tokio Marine Investment (Bermuda) Ltd, as set out in the circular sent to shareholders on 11 January 2008 (the “Amalgamation Circular”) have now been satisfied, with the exception of Condition 1(c) in relation to the issue by the Registrar of a certificate of amalgamation which is expected to be satisfied on Monday 10 March 2008.
Application has been made to the UK Listing Authority requesting cancellation of the Kiln Shares on the Official List as well as trading of Kiln Shares on the London Stock Exchange.
The last day of dealings in Kiln Shares will be today. Delisting is expected to take place at 7.00 a.m. on Monday 10 March 2008.
Any capitalised term used but not defined in this announcement shall have the same meaning as given to it in the Amalgamation Circular.
