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Temporary suspension of trading on AIM

29th May 2025 07:00

RNS Number : 5004K
Jade Road Investments Limited
29 May 2025
 

 

JADE ROAD INVESTMENTS LIMITED

("Jade Road Investments", "JADE" or the "Company)

Temporary suspension of trading on AIM

 

Jade Road Investments Limited, an Investing Company quoted on AIM advises that, as most recently announced by the Company on 20 March 2025, the disposal of the Company's legacy assets completed on 29 May 2024 resulted in the Company having 12 months from that date to substantially implement its Investing Policy as per AIM Rule 15 and paragraph 5.6 of the AIM Note for Investing Companies. The Company confirms that this has not been achieved as of today and that, consequently, trading in the Company's shares will be temporarily suspended from 7:30 am today until such time as the Company executes an investment in line with its current investing policy.

Should the Company fail to make an investment in line with its Investing Policy for a period of 6 months from today the admission of the Company's securities on AIM will be cancelled in line with AIM Rule 41.

 

For further information, please contact:

 

Jade Road Investments Limited

 

+44 (0) 778 531 5588

John Croft

 

Zeus - Nominated Adviser

 

+44 (0) 203 829 5000

James Joyce / Andrew de Andrade

 

Hybridan LLP - Broker

 

 +44 (0) 20 3764 2341

Claire Louise Noyce

 

 

This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended. Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain

 

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