Stock EDENVILLE ENERGY ORD GBP0.00023 Jan 2019 16:50
Stock EDENVILLE ENERGY ORD GBP0.0002
Event Type De-Listing
Description Possible Suspension and Delisting
I just received this from my broker. I know this is common knowledge but I wonder if the poster the other day who was talking about suspension received a similar communication from their broker and did not read it thoroughly.
6 trading days left Rufus.
Nominated Adviser Resignation Date: 1st February 2019
Edenville Energy plc has announced that Northern Capital Partners Limited has informed the Company of its resignation as the Company`s Nominated Adviser (Nomad) with effect from 1st February 2019. In the event that the Nomad has not been replaced by the 1st February 2019 the shares will be suspended. In accordance with AIM Rule 1, if the Company fails to appoint a replacement Nomad within one month of the date of Northern Capital Partners Ltd resignation, admission of the Company`s shares to trading on Alternative Investment Market (AIM) will be cancelled.
If the shares are delisted, following the delisting we will endeavour to provide you with a share certificate in relation to your holding, should one be issued by the company in the future.
ISA Customers
Due to restrictions imposed on ISA accounts, unlisted shares are not considered a qualifying investment. Certificates received in respect of ISA accounts will no longer be held within the tax efficient wrapper so will lose any tax benefits.
SIPP, Pension Trading Account, and Junior ISA customers
Unlisted shares are not considered a qualifying investment for these accounts and withdrawals are not permitted from these products. Consequently holders may wish to liquidate any holdings prior to a delisting becoming effective.