Carnival’s unification scheme approved by UK Court

Carnival (CCL) announced that the UK Court has today sanctioned the Scheme which their shareholders had voted in favor of pursuant to the proposed unification of Carnival Corporation and Carnival plc’s dual-listed company structure and the proposed redomiciliation of Carnival Corporation from Panama to Bermuda. The scheme remains conditional on, and will become effective upon, the delivery of a copy of the Court Order to the UK Registrar of Companies, which is expected to occur on May 7. The Scheme Record Time is expected to be 6.00 p.m. on May 5. The last day for dealings in, and for registrations of transfers of, Carnival plc’s ordinary shares is expected to be May 5, and Carnival plc’s ordinary shares will be disabled in CREST from 6.00 p.m. on that date. The listing of Carnival plc’s ordinary shares on the Official List and dealings in such shares on the London Stock Exchange’s Main Market for Listed Securities are expected to be suspended with effect from 7.30 a.m. on May 6. It is expected that the cancellation of admission to listing and to trading of Carnival plc’s ordinary shares will take effect from 8.00 a.m. on May 7.The completion of the DLC unification and redomiciliation is expected to occur on May 7.