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Cancellation of Listing of Shares on AIM and ESM

7th Sep 2018 15:51

RNS Number : 1783A
Zamano PLC
07 September 2018
 

zamano PLC

 

('zamano' or the 'Company')

 

Cancellation of Listing of Shares on AIM and ESM

 

On 9 March 2018 the Company's shares were suspended from trading on the AIM market of the London Stock Exchange ("AIM") and the ESM market of the Irish Stock Exchange ("ESM") and have remained suspended since that date. Accordingly, on 10 September 2018, as a result of the Company's shares remaining suspended for a period of six months, the Company's shares will be delisted by both AIM and ESM and admission of the Company's shares to trading on both exchanges will be cancelled.

 

On 13 August 2018 the Company announced that it is no longer in discussions regarding a potential reverse takeover transaction and that the Company is proceeding to return the Company's remaining cash assets to shareholders as quickly and efficiently as possible. In this regard the Company will shortly issue a circular to shareholders outlining the mechanism and timetable for the return of cash and seeking shareholders' approval to proceed with the return of cash on the basis to be outlined in the circular.

 

Following cancellation of the listing of the Company's shares on AIM and ESM, the Company will no longer be required to release announcements on a regulatory information service or on the websites of AIM or ESM. The Company will therefore update shareholders regarding the return of cash via its website at www.zamano.com.

 

 

zamano PLC

Colin Tucker, Interim Chairman

Tel: + 353 1 488 5820

 

Investec Corporate Finance

Shane Lawlor

Tel: + 353 1 421 0000

 

Cenkos Securities

Derrick Lee/Neil McDonald

Tel: + 44 (0) 131 220 6939

 

MCOMM Communications Consultants

Richard Moore

Tel: +353 1 661 3788

Mob: +353 87 241 4751

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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