Ohhhhhhh!18 Aug 2016 22:49
The hokey cockey - in out in out la la la la etc
On 3 September 2015, the Company announced the sale of its entire interest in its subsidiaries for approximately €17 million. Due to the sale of its property assets, on the same date, the Company became an investing company under Rule 15 of the AIM Rules for Companies.
As an investing company, the Company is required to make an acquisition or acquisitions which constitute a reverse takeover under the AIM Rules or otherwise implement its investing policy within 12 months of 3 September 2015. If this is not fulfilled, the Company will be suspended pursuant to AIM Rule 40. If the Company remains suspended for a further 6 months from that date then trading in the Company's shares on AIM would be cancelled.
Wouldn't want to be in this one over the weekend