Itsarm PLC Cancellation of Shares to trading on AIM
28 Mars 2024 - 1:31PM
RNS Regulatory News
RNS Number : 7518I
Itsarm PLC
28 March 2024
Itsarm plc
Cancellation of Shares to trading on
AIM
Itsarm plc (the "Company") announces the
cancellation of admission of its ordinary shares to trading on AIM,
pursuant to AIM Rule 41 ("Cancellation"). Cancellation will
become effective at 7:00 a.m. on 2 April 2024.
The Cancellation follows the Company's
announcement "Suspension from trading and corporate and financial
reporting update" on 27 September 2023. Unfortunately it has not
been possible to conclude a qualifying AIM Rule 14 (reverse
takeover) transaction.
Upon the Cancellation becoming effective, Zeus
Capital will cease to be nominated adviser to the Company pursuant
to the AIM Rules, however the Company will remain subject to the
Takeover Code.
The board of directors will now commence the
process of winding up the Company.
For
further enquiries:
|
Itsarm plc
|
|
|
David Craven, Non-Executive
Chairman
Jean-Paul Rohan, Non-Executive
Director
|
|
|
Zeus
(Nomad and Broker)
David Foreman (Investment
Banking)
|
+44
(0) 20 3829 5000
|
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END
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Itsarm (LSE:ITS)
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