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10 Dec 2013 10:16
10 December 2013
Prime Focus London PLC
("Prime Focus" or the "Company")
Cancellation and Matched Bargain Facility
As announced on 3 December 2013, following the general meeting held on the same day at which a resolution to cancel admission to trading on AIM of the Company's ordinary shares (the "Ordinary Shares") was approved (the "Cancellation"), Prime Focus confirms that the last day of dealings in the Ordinary Shares on AIM will be today, 10 December 2013.
Shareholders wanting to buy or sell Ordinary Shares on AIM must do so prior to the Cancellation, which shall become effective at 7am on 11 December 2013, at which point Northland Capital Partners Limited will cease to act as nominated adviser and broker to Prime Focus and the Company will no longer be required to comply with the AIM Rules, nor will it be subject to the City Code on Takeovers and Mergers.
However, following the Cancellation becoming effective, the Board intends to continue to provide an investor relations website and to post information in relation to the Company on that website. In addition, in order to facilitate continued trading in the Ordinary Shares, the Company has appointed BritDAQ to provide a matched bargain trading facility.
BritDAQ supplies Share Registrar services to unlisted companies, along with an investor forum and a share matching facility. The share matching is handled by Walker Crips Stockbrokers, part of Walker Crips Group plc, which is authorised and regulated by the Financial Conduct Authority.
The Company will be using its website and BritDAQ's forums and shareholder email services to communicate with shareholders in the future. The Company encourages shareholders to register at http://www.britdaq.com/ to enable them to access these communications. Those shareholders seeking to use the share matching facility will need to upgrade to Gold Membership, which is free of charge.
The Company will be posting to shareholders details of this matched bargain trading facility in due course and these details will also be available on the Company's website: http://www.pflplc.com/.
For further information, contact:
Prime Focus London Plc Christopher Honeyborne | +44 (0) 1439 771 900
|
Northland Capital Partners Limited Edward Hutton/Lauren Kettle | +44 (0) 20 7796 8800 |
BritDAQ Ben Weaver | +44 (0) 800 987 5350 |
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