Some real big buys come through recently. I do honestly think this will jump big time! Any other opinions welcome?
18 Aug '11
Utilico Emerging Markets Limited Proposed move to the Main Market Utilico Emerging Markets Limited ("UEM" or the "Company") is pleased to announce that it intends to seek a premium listing of its ordinary shares on the Official List of the UK Listing Authority and to apply for admission to trading of such shares on the London Stock Exchange plc's main market for listed securities. The UEM Board believes that a move to the main market will provide the Company with a number of potential benefits, including increased liquidity, an enhanced market profile and access to a larger pool of investors. A prospectus is currently being prepared by the Company and its advisers and it is expected that publication will take place in September, together with a notice convening a special general meeting of UEM's shareholders, with admission of the ordinary shares expected to take place in October. A further announcement will be made in due course.
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