On 2 August 2024, the boards of directors of Trinity and Lease Operators announced that they had reached agreement on the terms of a recommended cash acquisition for the entire issued, and to be issued, share capital of Trinity by Lease Operators at a price of 68.05 pence per Trinity Share (the "Acquisition"), to be effected by means of a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006 (the "Scheme").
Further to the announcement made by Trinity and Lease Operators on 5 November 2024 that the Scheme had become Effective in accordance with its terms, Trinity confirms that the admission to trading of Trinity's shares on AIM has been cancelled with effect from 7.00 a.m. today.
Full details of the Acquisition are set out in the Scheme Document. Defined terms used but not defined in this announcement have the meaning given to them in the shareholder circular relating to the Scheme on 8 October 2024 (the "Scheme Document").
