The non-trading entity StimWell Services B.V. is seeking to transfer all of its assets and liabilities to Stimwell Services Limited by way of a cross-border merger under the Companies (Cross-Border
Mergers) Regulations 2007, following which StimWell Services B.V. would be dissolved without going into liquidation.
As a first step in this process, on 21 December 2018, the Court of Session ordered that a meeting of the shareholders of Stimwell Services Limited be convened and, consequently, such meeting has been convened for 22 February 2019. Notice of a cross border merger has been lodged with Companies House in the UK, together with the draft Terms of Merger and the Order. The draft Terms of Merger have also been filed with the Dutch Commercial Register in the Netherlands.
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