02 September 2003  

Axiomlab plc ("Axiomlab" or the "Company")

Return of Cash and Delisting

The Hight Court yesterday approved the Company's proposals for a return of cash (to be effected by means of a scheme of arrangement under Section 425 of the Companies Act 1985 ("the scheme")) and the cancellation of Axiomlab's AIM trading facility ("Delisting") in relation to the Company's fully paid ordinary shares.  Details of the proposals were set out in the announcement made on 16 July 2003.

Accordingly, following registration of the Court order approving the Scheme, the Scheme was now become effective in relation to the Company's fully paid ordinary shares and trading of Axiomlab shares on AIM will be cancelled effective from 07.00am on Wednesday 3 September 2003.

This information is provided by RNS

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