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Completion of Disposal

11th Sep 2017 07:00

RNS Number : 2998Q
Zamano PLC
11 September 2017
 

 

zamano plc

("zamano" or the "Company")

 

Completion of Disposal

 

The board of zamano is pleased to announce that the disposal of all the Company's operating business and assets announced on 11 August 2017 was completed after close of business on 8 September 2017.

 

As set out in the Company's announcement on 11 August 2017, following completion of the disposal, zamano will now be classified as an AIM Rule 15 cash shell pursuant to the AIM Rules and an investing company under the ESM Rules. Accordingly, the Company now has a period of six and 12 months under the AIM Rules and the ESM Rules, respectively, to complete a reverse takeover before trading in its shares will be automatically suspended by the relevant exchange.

 

Further details of, inter alia, the Company's investing policy can be found on the Company's website 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 company news service from the London Stock Exchange
 
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