Cash Converters International Ld CANCELLATION OF LISTING (9781V)
January 21 2013 - 4:26AM
UK Regulatory
TIDMCCVU
RNS Number : 9781V
Cash Converters International Ld
21 January 2013
Cash Converters International Limited
21 January 2013
(Incorporated and registered in Australia with Australian
Company Number 069 141 546)
ASX code: CCV
LSE code: CCVU
ISIN: AU000000CCV1
CANCELLATION OF LISTING
Cash Converters International Limited ("the Company") has
requested the UK Financial Services Authority to cancel the listing
of the Company's ordinary shares of no par value("Ordinary Shares")
on the Official List of the United Kingdom Listing Authority and to
cancel the admission of the Ordinary Shares to trading on the
London Stock Exchange's market for listed securities. It is
expected that the cancellation of the UK listing and of the
admission of the Ordinary Shares to trading on the London Stock
Exchange ("LSE") will take effect at 8.00 a.m. (GMT) on 19 February
2013 (the "effective date").
Currently, Depositary Interest holders holding stock in CREST
make up approximately 0.33% of the total issued capital of the
Company.
The Board considers that the listing on the Australian Stock
Exchange adequately provides for the capital requirements of the
Company and gives shareholders a trading forum with reasonable
liquidity and all necessary shareholder protections. The additional
listing on the London Stock Exchange duplicates costs but does not
deliver a significant benefit given the make up of the UK share
register and the low trading volume.
Following cancellation of the listing and the admission to
trading in London, the Depositary Interest register currently
maintained by Computershare Investor Services plc will be
maintained and Depositary Interest holders need to take no
action.
For further information in this regard Depositary Interest
holders should contact Computershare at the address below.
Computershare Investor Services PLC, The Pavillions, Bridgwater
Road, Bristol, BS99 6ZY
Enquiries
Cash Converters International Limited
Mr. D.R. Groom
61 (8) 9221 9111
Charles Stanley Securities
Dugald J. Carlean / Karri Vuori
+44 20 7149 6000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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