Will trading resume?15 Sep 2016 16:24
does the below mean that trading will resume at some point before cancellation?
5. Principal effects of Cancellation
The Directors are aware that certain Shareholders may be unable or unwilling to hold Ordinary Shares in
the event that the Cancellation is approved and becomes effective. Such Shareholders should consider
selling their interests in the market prior to the Cancellation becoming effective.
Under the AIM Rules, the Company is required to give at least 20 clear Business Days’ notice of
Cancellation. Additionally, Cancellation will not take effect until at least 5 clear Business Days have passed
following the passing of the Resolution. If the Resolution is passed at the EGM, it is proposed that the last
day of trading in Ordinary Shares on AIM will be 14 October 2016 and that the Cancellation will take effect
at 7.00 a.m. on 17 October 2016.