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Cancellation of listing

17 Jan 2018 11:04

RNS Number : 1393C
Alpha Returns Group PLC
17 January 2018
 

17/01/18

Alpha Returns Group plc

(the "Company" or "Alpha Returns")

 

Cancellation of listing

 

The directors of Alpha Returns announce that it will not be possible to appoint a nominated adviser within the timeframe provided under the AIM rules. As such the listing of the Company's shares on the AIM market of the London Stock Exchange will be cancelled with effect from 7am on the 22 January.

Following the Cancellation, although the Ordinary Shares will remain transferable they will no longer be tradable on AIM. Accordingly, the directors have decided that following the cancellation, a matched bargain settlement facility will be set up with JP Jenkins (the "Facility") to enable Shareholders to trade their Ordinary Shares.

JP Jenkins is a trading division of Peterhouse Corporate Finance Limited, which is authorised and Regulated by the Financial Conduct Authority, a Member of the London Stock Exchange, a NEX Exchange Corporate Adviser. Shareholders who wish to buy or sell ordinary shares in the Company through JP Jenkins must do so via a stockbroker; JP Jenkins is unable to deal directly with members of the public.

Further information about the matched bargain dealing facility, including indicated prices and a history of transactions, will be available on the JP Jenkins website which is located at www.jpjenkins.com. Once the Facility has been arranged, details will be made available to shareholders on the Company's website.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014

--ENDS--

For further information:

 

Alpha Returns Group plc

Christopher Neo

 

020 3286 6388

Peterhouse Corporate Finance (Broker)

Duncan Vasey/Lucy Williams

020 7469 0930

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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