BBA Group completes demerger of Fiberweb
20 November 2006
BBAAviation plc (previously BBA Group plc) (the "Company")
Completion of the demerger of Fiberweb plc and change of name to BBA Aviation plc
The Company is pleased to announce the completion of the demerger of Fiberweb plc and the consolidation of the Company's ordinary share capital. Accordingly, the Company's issued consolidated ordinary shares and Fiberweb plc's issued shares were admitted earlier today to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's market for listed securities.
The Company is also pleased to announce the change of its name from BBA Group plc to BBA Aviation plc earlier today.
The Company's consolidated shares are trading under the ticker "BBA" and Fiberweb plc's shares are trading under the ticker "FWEB".
This announcement does not constitute an offer of, or the solicitation of an offer to buy or subscribe for, or to sell, exchange or transfer any securities in any jurisdiction. Securities may not be offered, sold or transferred in the United States absent registration or an applicable exemption from the registration requirements of the US SecuritiesActof 1933, as amended.
Enquiries:
BBA Group plc
020 7514 3999
Michael Harper, Chief Executive
Andrew Wood, Finance Director
Citigroup
020 7986 4000
Philip Robert-Tissot
David Plowman
Merrill Lynch
020 7628 1000
Richard Taylor
John Plaxton
Hoare Govett Limited
020 7678 8000
Bob Pringle
Neil Collingridge
JPMorgan Cazenove
020 7588 2828
Julian Cazalet
Robert Constant
Brunswick (for BBA Aviation enquiries)
020 7404 5959
Lucie Anne Brailsford
Jemma Hill
Weber Shandwick Square Mile (for Fiberweb enquiries)
020 7067 0700
Ian Bailey
Nick Dibden