Cancellation of Admission
14 Avril 2008 - 9:46AM
UK Regulatory
RNS Number:2381S
Computerland UK PLC
14 April 2008
ComputerLand UK PLC ("ComputerLand" or the "Company")
Cancellation of admission
The Company announces that it has applied to the London Stock Exchange for the
cancellation of trading of ComputerLand's ordinary shares on AIM. In accordance
with the rules of AIM, cancellation will take place no earlier than 20 business
days from today's date and it is currently anticipated that cancellation will
take effect from 7.00 a.m. on 13 May 2008.
This follows the announcement today by The Capita Group Plc ("Capita") that it
had acquired or received valid acceptances from ComputerLand shareholders in
respect of, in aggregate, 8,421,608 ComputerLand ordinary shares representing
81.0 per cent. of ComputerLand's existing issued share capital. Additionally,
Capita intends to procure that ComputerLand will be re-registered as a private
company following the cancellation of trading of ComputerLand's ordinary shares
on AIM.
ComputerLand shareholders should note that cancellation is likely to reduce
significantly the liquidity and marketability of ComputerLand shares. Once
cancellation has taken effect, ComputerLand shareholders will no longer be able
to effect transactions in ComputerLand shares on market at the market price.
Enquiries:
Enquiries:
Mike Kent
ComputerLand UK PLC 0115 9318000
Finance Director
Mark Taylor/Freddy Crossley
Charles Stanley Securities (Nominated Adviser) 020 7149 6000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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