suspension9 Apr 2019 16:08
The Company has been notified that the UK Listing Authority ("UKLA") considers that the making of the loans to Mylux fall under Listing Rule 5.6.5(1), in that they change the strategic direction or nature of the Company’s business away from its stated aim to find an acquisition that, in the Company’s opinion, would enhance shareholder value. As such, the Company has requested that trading in its ordinary shares be suspended with effect from today pending satisfaction of the conditions under the Listing Rules for readmission following a reverse transaction.