Valeura Energy Share Price (VLU)

First time I have had shares suspended so forgive my ignorance... Do I need to do anything if I want to keep the shares and how long until these shares are unsuspended and free to trade on LSE approx.

Looks good and that turkey asset is huge if successful. Not sure why suspended or why not much more fervour on the boards.

Strong cash position, know what they are doing, gas outlook great. Assets ready to produce in Thailand from distressed seller.

Guessing it is probably because somebody transferred them to Toronto Exchange..

"Effect on London and Toronto listings

Following consultation with the Financial Conduct Authority (“FCA”), the Company has been advised that the Acquisition, should it close, will constitute a reverse takeover for the purposes of the Listing Rules of the FCA. Therefore, the Company was required to request a suspension of the listing of its common shares (“Common Shares”) on the ?standard segment of the Official List and trading in its Common Shares on the Main Market of the London Stock Exchange has been suspended as of today.?

The Common Shares will continue to trade as normal on the Toronto Stock Exchange. Interests in the Company’s shares purchased on the London Stock Exchange are fully fungible and can be transferred from the UK depositary to the Canadian depositary to be traded on the Toronto Stock Exchange. Shareholders interested in transferring their shares should contact their broker or nominee to coordinate such a transaction with the Company’s registrar."

To who ever got the trade today in a suspended share.

Who is your broker?

Pumped for the restart.

It is suspended on LSE due to an acquisition.

https://stockhouse.com/news/press-releases/2022/04/28/valeura-energy-inc-announces-acquisition-of-gulf-of-thailand-assets