Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

IGSS request to cancel listing of GDRs Update

22 Apr 2016 17:37

RNS Number : 1356W
IG Seismic Services PLC
22 April 2016
 

IG Seismic Services PLC

IG Seismic Services PLC ("IGSS") request to cancel the listing and trading of its GDRs - UPDATE

22 April 2016

 

On 9 February 2016 IGSS announced, among other things, that:

(a) it had sent a request to the London Stock Exchange and the Financial Conduct Authority to cancel the listing and trading of its Global Depositary Receipts ("Cancellation") effective as of 11 May 2016; and

 

(b) shortly thereafter, it intended to effect a change of its shareholder base and corporate group ("Change").

IGSS has now determined that it would not be in the best interests of its shareholders to proceed with the Cancellation and Change at this time. Therefore IGSS shall (i) withdraw its Cancellation request to the London Stock Exchange and the Financial Conduct Authority and (ii) stop the termination of its GDR program.

Further updates will be announced when appropriate.

Contacts:

IGSS Investor Relations

+ 7 495 580 7882

query@igseis.com

 

This document may contain "forward-looking statements" which include all statements other than statements of historical fact. Such forward-looking statements can often be identified by words such as "plans", "expects", "intends", "estimates", "will", "may", "continue", "should" and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors beyond IG Seismic Services plc's (the "Company") control that could cause the actual results, performance or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. Such forward-looking statements are based on numerous assumptions regarding the Company's present and future business strategies and the environment in which the Company will operate in the future. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. These forward-looking statements speak only as at the date as of which they are made, and neither the Company, nor any of its respective agents, employees or advisors intends or has any duty or obligation to supplement, amend, update or revise any of the forward-looking statements contained herein to reflect any change in the Company's expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based. The information and opinions contained in this document are provided as at the date of this document or as otherwise specified herein and are subject to change without notice.

 

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

Related Shares

Back to RNS

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.