London Stock Exchange Cancels Trinity Capital AIM Stock Listing (ALLISS)

16th Mar 2018 12:56

LONDON (Alliance News) - The London Stock Exchange on Friday said ordinary shares of Trinity Capital PLC have been canceled from trading on the junior AIM market with immediate effect.

The property investment company on Tuesday said it will distribute 0.84 pence per share, equal to GBP1.8 million on March 28, prior to stock de-listing.

The distribution will be financed from the initial capital of the company, and representing the full amount of cash in the company following a small retention to meet outstanding liabilities and the costs of the voluntary winding up of the company, which Trinity recommends shareholders approve at the extraordinary general meeting on March 28.