25th Nov 2015 07:08
25 November 2015
Atlantic Coal plc ("Atlantic Coal" or the "Company")
Cancellation of OTCQX listing
The Board of Atlantic Coal, the AIM listed opencast anthracite coal production and processing company with primary activities in Pennsylvania, USA, announces that the listing of American depositary receipts ("ADRs"), which represent the Company's ordinary shares ("Ordinary Shares") on a basis of one ADR per five hundred Ordinary Shares, on the OTCQX International tier of the OTCQX market operated by OTC Markets Group (the "OTCQX Listing") will be cancelled with effect from 1 January 2016.
The Board considers that the expenses associated with the OTCQX Listing outweigh the benefits of this trading facility.
**ENDS**
For further information on the Company, visit: www.atlanticcoal.com or contact:
Steve Best | Atlantic Coal plc | Tel: 0191 386 6392 |
Nick Naylor | Allenby Capital Limited | Tel: 020 3328 5656 |
John Depasquale | Allenby Capital Limited | Tel: 020 3328 5656 |
Alex Brearley | Allenby Capital Limited | Tel: 020 3328 5656 |
Related Shares:
Atlantic Coal