5th Jun 2008 07:00
5 June 2008
SYNERGY HEALTHCARE PLC
("Synergy" or "the Company")
Notification of proposed AIM cancellation and Admission to the Official List
Synergy today announces that it intends to apply for admission of its ordinary share capital to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's market for listed securities.
Since inception Synergy has grown both organically and through acquisitions, becoming increasingly diversified geographically. The Directors believe that this should now be reflected in the market on which Synergy shares are traded. Furthermore, the Directors believe that this move to the Official List will leave the Company well placed to achieve greater liquidity in its shares, raise its profile both domestically and internationally with investors and its customer base, and improve access to capital.
Pursuant to Rule 41 of the AIM Rules, the Company hereby gives notice of the intended cancellation of trading of the Company's issued ordinary share capital on AIM.
It is expected that the Company's ordinary shares with a nominal value of 0.625p each will be admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's market for listed securities and simultaneously cancelled on AIM effective no sooner than 8.00 a.m. on Monday 7 July 2008, subject to the receipt of the necessary approvals from the UK Listing Authority, being at least 20 business days after this announcement.
Enquiries:
|
Synergy Healthcare plc |
01793 891880 |
|
Dr Richard Steeves, Chief Executive |
|
|
Ivan Jacques, Finance Director |
|
Investec Investment Banking |
0207 597 5970 |
|
Nominated adviser to Synergy Healthcare plc |
|
|
Gary Clarence |
|
|
Adam Tinsley |
Related Shares:
SYR.L