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an indirectly wholly-owned subsidiary of Schweitzer-Mauduit International, Inc.
to be effected by means of a scheme of arrangement under Part 26 of the Companies Act 2006
Summary · The board of directors of AMS Holdco 2 Limited ( SWMBidco ), an indirectly wholly-owned subsidiary of Schweitzer-Mauduit International, Inc. ( SWM ), and the Directors of Scapa Group plc ( Scapa ) are pleased to announce that they have reached agreement on the terms of a recommended cash offer by SWM Bidco for the acquisition of the entire issued and to be issued ordinary share capital of Scapa (the Offer ). The Offer is intended to be effected by means of a scheme of arrangement under Part 26 of the Companies Act (the Scheme ).