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Cancellation of OTCQX listing

25th Nov 2015 07:08

RNS Number : 8539G
Atlantic Coal PLC
25 November 2015
 

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

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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