16th Jun 2017 07:00
FLYING BRANDS LIMITED
("Flying Brands" or the "Company")
Readmission to trading on the London Stock Exchange
The Directors of Flying Brands are pleased to announce that, further to the announcement on 19 May 2017 and following the passing of shareholder resolutions at the general meeting of the Company held on 15 June 2017 (which was announced on 15 June 2017), the Company has completed the acquisition of the entire issued share capital of Stone Checker Software Limited (the "Acquisition") and the placing of 18,333,334 Ordinary Shares in the capital of the Company (the "Placing").
Following the Acquisition and the Placing, the Company's entire share capital consisting of 58,922,630 Ordinary Shares of £0.01 each will today be readmitted to the Standard Listing segment of the Official List of the UK Listing Authority and to trading on the London Stock Exchange Main Market for listed securities ("Readmission") under the ticker 'FBDU'. Readmission will become effective and dealings will commence at 8.00 a.m. today, 16 June 2017.
Trevor Brown, Chairman of the Company commented: "Shareholders have been very patient over the past year as the RTO process has been worked through and I hope that we now look forward to an interesting and exciting future."
The Directors of the Company accept responsibility for the contents of this announcement.
**ENDS**
For further information please contact:
Flying Brands Limited Qu Li/Trevor Brown/Vinod Kaushal Tel: 020 7469 0930
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Peterhouse Corporate Finance (Financial Advisor and Broker) Lucy Williams/Heena Karani Tel: 020 7220 9797
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Related Shares:
IQ-AI