1st Aug 2018 12:50
LONDON (Alliance News) - EPE Special Opportunities PLC said Monday it intends to migrate to Bermuda and then re-admit its shares to the NEX Exchange Growth Market and the AIM.
Under market rules, the private equity investor's move to Bermuda from the Isle of Man will be treated as a share cancellation. Therefore EPE will be obliged to re-admit its shares to NEX and AIM.
The company said its shares could be suspended for up to six days between the completion of its move and the re-admission while a Bermudian ISIN is obtained.
The business migration will complete September 12, followed by a September 13 suspension. The readmission is expected September 21.
Shares in EPE Special Opportunities were untraded at 132.50 pence on Wednesday.
Related Shares:
Epe Special Opp