Camellia PLC Update on Move to AIM (4145O)
August 06 2014 - 6:27AM
UK Regulatory
TIDMCAM
RNS Number : 4145O
Camellia PLC
06 August 2014
6 August 2014
Camellia Plc
(the "Company")
Update on Move to AIM
Further to the publication of a Circular on 11 July 2014
regarding the proposed Move to AIM, in order for the Company's
Ordinary Shares to be eligible for the possible tax benefits
arising from the Company's Ordinary Shares being traded on AIM, as
described in the Circular, the Company cannot retain its secondary
listing of the Ordinary Shares on the Luxembourg Stock
Exchange.
Accordingly, the Board intends to apply for the cancellation of
this secondary listing as soon as practicable. The Board has,
following discussions with the Company's advisers, concluded that
the General Meeting convened for 11.30 a.m. today shall proceed as
planned. However, subject to approval of the Resolution at the
General Meeting, the Move to AIM will be delayed until the
de-listing from the Luxembourg Stock Exchange has been achieved.
Once the expected timetable for the de-listing from the Luxembourg
Stock Exchange has been agreed, the Board will provide an update as
to timing for the Move to AIM.
A further update will be made in due course.
Except as otherwise defined herein, capitalised terms have the
same meanings as set out in the Circular dated 11 July 2014.
Camellia Plc 01622 746655
Malcolm Perkins, Chairman
Anil Mathur, Finance Director
Julia Morton, Company Secretary
Charles Stanley Securities 020 7149 6000
Russell Cook
Carl Holmes
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCSSAFSMFLSEFA
Camellia (LSE:CAM)
Historical Stock Chart
From Jun 2024 to Jul 2024
Camellia (LSE:CAM)
Historical Stock Chart
From Jul 2023 to Jul 2024