ARC Capital Holdings Limited Update on Nomad and Suspension of Trading (1297Z)
September 15 2015 - 8:42AM
UK Regulatory
TIDMARCH
RNS Number : 1297Z
ARC Capital Holdings Limited
15 September 2015
15 September 2015
For Immediate Release
ARC Capital Holdings Limited
Update on Nominated Adviser and Suspension of Trading
On 30 June 2015, ARC Capital Holdings Limited (the "Company" or
"ARCH") (AIM: ARCH) announced that it had requested the suspension
of its shares from trading on AIM, pending the finalisation of its
audited annual accounts for the financial year ending 31 December
2014. Furthermore, on 14 August 2015, ARCH announced that it had
been notified by Grant Thornton UK LLP of its resignation as
Nominated Adviser effective 15 September 2015.
Whilst the Company expects to publish its audited accounts
shortly, it is yet to appoint a replacement Nominated Adviser. As
such, pursuant to AIM Rule 1, ARCH shares will continue to be
suspended from trading on AIM until a new Nominated Adviser is
appointed. The Board of Directors continues its efforts to appoint
a replacement Nominated Adviser, however, if a replacement is not
found, the admission of ARCH's ordinary shares to trading on AIM
will be cancelled at 7.00 a.m. on 16 October 2015.
A further announcement will be made in due course.
Enquiries
For further information, please contact:
ARC Capital Holdings Limited
Alpay Ece / Sean Hurst
Tel: +44 (0)20 7845 5950
Edmond de Rothschild Securities (UK) Limited
William Marle
Tel: +44 (0)20 7845 5950
John Armstrong-Denby
Tel: +44 (0)20 7845 5950
Hiroshi Funaki
Tel: +44 (0)20 7845 5960
This information is provided by RNS
The company news service from the London Stock Exchange
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