Delphi Technologies Says Court Has Set October 1 To Hear Co's Application To Sanction Scheme Of Arrangement Pursuant To The Transaction With BorgWarner

Author: Benzinga Newsdesk | September 17, 2020 08:41am

The Royal Court of Jersey (the “Court”) has set October1, 2020 at 2:30 p.m. (Jersey time) to hear Delphi Technologies PLC’s (“Delphi Technologies”) application to sanction the scheme of arrangement (the “scheme”) under Part 18A of the Companies (Jersey) Law 1991, pursuant to the Transaction Agreement, dated as of January28, 2020, as amended on May6, 2020, by and between Delphi Technologies and BorgWarner Inc. (“BorgWarner”). Shareholders of Delphi Technologies are entitled to attend and be heard at the Court hearing to sanction the scheme, either in person or by live video link or through a Jersey advocate, to support or oppose the scheme. The Court’s address is Royal Court House, Royal Square, St. Helier, Jersey JE1 1JG and its telephone number is +44 1534 441 300. Any shareholder of Delphi Technologies intending to appear at the Court hearing by live video link should provide written notice to Delphi Technologies’ Jersey solicitors by email (at the following email address: delphicourthearing@careyolsen.com) by no later than 5:00 p.m. (New York time) on September24, 2020.

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