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Update re Cancellation

4th Oct 2018 15:37

RNS Number : 0366D
Concha plc
04 October 2018
 

Concha PLC

For immediate release

 

Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR).

Concha PLC

("Concha" or "the Company")

 

Update re Cancellation

 

As you are aware, the Board are progressing discussions with identified opportunities and will continue to progress these discussions despite the cancellation of admission of the Company's ordinary shares to trading on AIM with effect from 7.00 am tomorrow. As part of its commitment to restoring shareholder value, the Board will waive its entitlement to receive remuneration until such a time as it is able to successfully conclude a transaction which will provide our shareholders with an opportunity to restore value from their investment in Concha. We will of course keep all shareholders informed, via updates to our website as appropriate.

For further information, please contact:

Concha PLC

Chris Akers, Chairman

 

[email protected]

 

SPARK Advisory Partners Limited (Nominated Adviser)

Mark Brady/Andrew Emmott

 

+44 (0)20 3368 3550

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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