b
rown Bidco Limited
(a newly formed company to be indirectly owned by joint offerors (i) Blackstone Infrastructure and Blackstone Core Equity, (ii) Global Infrastructure Partners and (iii) Cascade)
to be effected by means of a Scheme of Arrangement under
Part 26 of the Companies Act 2006
UPLOADING OF DOCUMENT
On 5 February 2021, the boards of directors of Brown Bidco Limited ("Bidco") and Signature Aviation plc ("Signature") announced that they had reached agreement on the terms and conditions of a recommended cash acquisition by Bidco of the entire issued and to be issued share capital of Signature other than Signature Shares owned or controlled by Cascade and BMGFT (the "Acquisition") to be effected by means of a court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006 (the "Scheme"). Capitalised terms in this announcement, unless otherwise defined, have the same meanings given to them in the scheme circular published on 22 February 2021 (the "Scheme Document").