FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Rule 13a
- 16 or 15d - 16 of
The Securities and Exchange Act of 1934
For the Month of August, 2007
HANSON PLC
1 Grosvenor Place, London, SW1X 7JH, England
[Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40F.]
Form 20-F X Form 40-F
[Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.]
Yes No X
August 20, 2007
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR
FROM ANY JURISDICTION WHERE TO DO THE SAME WOULD CONSTITUTE A VIOLATION OF THE
RELEVANT LAWS OF SUCH JURISDICTION
Recommended acquisition of Hanson PLC - Court sanction and suspension of
dealings
Hanson announces that the Scheme of Arrangement (the "Scheme") in relation to
the recommended acquisition of Hanson PLC ("Hanson") by Lehigh UK Limited
("Lehigh"), a wholly-owned direct subsidiary of HeidelbergCement AG, at a price
of 1100 pence per share was sanctioned by the High Court of Justice in England
and Wales (the "Court") at a hearing held earlier today. This followed approval
of the Scheme, by the requisite majorities of Hanson Shareholders, at the Court
Meeting and the Extraordinary General Meeting which were held on July 31, 2007.
The last day of dealings in Hanson ordinary shares of 10 pence each on the
London Stock Exchange, American Depositary Shares (each representing 5 ordinary
shares) on the New York Stock Exchange and Hanson Chess Depositary Interests
(each representing one ordinary share) on the Australian Stock Exchange will be
August 22, 2007. The cancellation of the listing of Hanson ordinary shares is
expected to be 8.00am on August 30, 2007.
The expected timetable of the remaining principal events required to implement
the Scheme is as follows:
August 23, 2007 Court Hearing Date (to approve the Reduction of Capital)
August 24, 2007 Effective Date of the Scheme
Lehigh is required under the terms of the Scheme to despatch the consideration
pursuant to the Scheme not more than 14 days after the Effective Date.
Capitalised terms used, but not defined, in this announcement have the same
meaning given to them in the circular posted to shareholders on June 25, 2007
(the "Scheme Document").
Enquiries:
Paul Tunnacliffe
Hanson PLC
+44 (0)20 7245 1245
The distribution of this announcement in jurisdictions other than the United
Kingdom may be restricted by law and therefore any persons who are subject to
the law of any jurisdiction other than the United Kingdom should inform
themselves about, and observe, any applicable requirements. This announcement
has been prepared for the purpose of complying with English law and the Code and
the information disclosed may not be the same as that which would have been
disclosed if this announcement had been prepared in accordance with the laws of
jurisdictions outside the United Kingdom.
The availability of the Scheme Document to persons not resident in the United
Kingdom may be affected by the laws of the relevant jurisdictions. Such persons
should inform themselves about and observe any applicable requirements of those
jurisdictions.
This announcement is not intended to and does not constitute, or form part of,
any offer or invitation to purchase any securities or the solicitation of any
vote or approval in any jurisdiction pursuant to the Proposals or otherwise. The
Proposals have been made solely through the Scheme Document, which contains the
full terms and conditions of the Proposals, including details of how to vote in
respect of the Proposals. Any response to the Proposals should be made only on
the basis of the information contained in the Scheme Document.
Rothschild, which is authorised and regulated by the Financial Services
Authority in the United Kingdom, is acting exclusively for Hanson and no one
else in connection with the Proposals and will not be responsible to anyone
other than Hanson for providing the protections offered to clients of Rothschild
nor for providing advice in relation to the Proposals or any other matters
referred to in this announcement.
The Loan Notes that may be issued pursuant to the Proposals have not been and
will not be registered under the Securities Act of 1933 as amended (the "
Securities Act") or under the relevant securities laws of any state or territory
or other jurisdiction of the United States. Accordingly, Loan Notes may not be
offered or sold in the United States, except in a transaction not subject to, or
in reliance on an exemption from, the registration requirements of the
Securities Act and such state securities laws.
Any Loan Notes which may be issued pursuant to the Proposals have not been and
will not be registered under the relevant securities laws of Japan and any
relevant clearances and registrations have not been, and will not be, obtained
from the securities commission of any province of Canada. No prospectus in
relation to the Loan Notes has been, or will be, lodged with, or registered
with, the Australian Securities and Investments Commission or the Japanese
Ministry of Finance. Accordingly, unless otherwise determined by Lehigh and
permitted by applicable law and regulation, the Loan Notes may not be offered,
sold, resold, transferred, delivered or distributed, directly or indirectly in
or into Canada, Australia or Japan or any other jurisdiction where to do so
would violate the laws of that jurisdiction or would require registration
thereof in such jurisdiction.
No other listing authority or equivalent has reviewed, approved or disapproved
this announcement, the Proposals or the Loan Notes nor has it expressed a view
on the accuracy or adequacy of this announcement.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorised.
HANSON PLC
By:
/s/ Graham Dransfield
Date: August 20, 2007