Allens acts for Brambles on London listing cancellation and sale facility
26 November 2009
Allens Arthur Robinson (Allens) is advising Brambles Limited (Brambles), a leading global provider of support services, on its plans to cancel its secondary listing on the London Stock Exchange (LSE).
Brambles announced on 19 November its intentions to cancel the secondary listing of its ordinary shares from the Official List of the UK Listing Authority and to request that trading in those shares on the LSE be cancelled.
The cancellation will also involve a share sale facility being offered to the holders of Brambles CDIs - the instruments by which Brambles shares trade on the LSE - who do not wish to hold Brambles shares on the Australian Securities Exchange.
Sydney Partner Vijay Cugati, and Lawyers Chris Blane and Caspar Conde, advised Brambles on all aspects of the transaction.
'Allens is in a position to be able to advise global clients like Brambles on international transactions such as this,' said Mr Cugati.
'We have a long history of working with Brambles and are very happy to have been able to assist Brambles on this transaction.'
Ends
| Allens legal team | Vijay Cugati (Partner - Sydney), Chris Blane (Lawyer - Sydney) and Caspar Conde (Lawyer - Sydney) |
For further information, please contact:
- Jane FoleyCorporate Communications Coordinator,
Melbourne
Ph: +61 3 9613 8503
Jane.Foley@aar.com.au
Notes for editors.
Allens Arthur Robinson has staff in 14 cities and eight countries across the Asia Pacific.
