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London & Stamford and Metric Announce Capital Reduction Approved and Scheme of Arrangement Becomes Effective

Jan 25 2013

London & Stamford and Metric are pleased to announce that the Capital Reduction required to effect the recommended Merger, implemented by means of a Scheme of Arrangement was yesterday confirmed by the Court and that the Scheme has now become effective in accordance with its terms. It is expected that the delisting and the cancellation of trading of Metric’s Shares on the London Stock Exchange will occur at 8.00 a.m. on 28 January 2013.

The full announcement can be found in the attached file.

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