Subject to delivery of a final copy of the order to Companies House, approval marks the suspension of trading in Flybe shares as of Monday morning (March 11).
Flybe shareholders approved Connect’s £2.2 million one-pence-per-share offer for shell company Flybe Group plc last Monday (March 4).
It comes after Connect, a consortium comprising Virgin Atlantic, Southend airport owner Stobart Group and hedge fund Cyrus Capital Partners, acquired Flybe’s assets for £2.8 million last month.
Virgin and Stobart will each take a 30% stake, and Cyrus 40%.
