Belize City, Belize, 6 April 2009. BB Holdings Limited (London: BBHL) (the “Company” or “BBHL”) today announces that final agreement has been reached on the terms of the proposed acquisition of the entire issued share capital of Cockleshell Limited (“Cockleshell”) by the Company. The acquisition will be implemented pursuant to the terms of the Merger. It is anticipated that the Merger will become effective on or around 7 May 2009 (the “Effective Date”). Completion of the Merger is conditional on the cancellation of admission to trading on AIM of the Cockleshell shares prior to the Effective Date. BBHL Shares will continue to be admitted to trading on AIM and the Bermuda Stock Exchange following completion of the Merger.
The Company will be dispatching a circular to BBHL Shareholders today containing further details
of the Merger.
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