CRYSTAL AMBER FUND LIMITED - Notice of Delisting from CISE Official List
June 03 2014 - 7:15AM
PR Newswire (US)
3 June 2014
CRYSTAL AMBER FUND LIMITED
(the `Company')
Notice of Application for Delisting from Official List
The Board hereby announces that the Company intends to make an application to
the Channel Islands Securities Exchange Authority Ltd. ("CISEA") for the
cancellation of the listing of the Company's ordinary shares (the "Ordinary
Shares") on the Official List of the Channel Islands Securities Exchange (the "
CISE").The Ordinary Shares are currently listed on the CISE and admitted to
trading on the AIM Market of the London Stock Exchange.
The Board, having consulted with its advisers, has decided that the Company no
longer requires that the Ordinary Shares are listed on the CISE for the
following reasons:
1. Changes to the rules for Individual Savings Accounts ("ISA") which came
into effect from 5 August 2013 provide that investors can hold some or all
of their annual ISA allowance in AIM shares. Previously, the Company's
shares were only able to be held in ISAs by virtue of the listing on the
CISE.
2. The cancellation of the listing of the Ordinary Shares on the CISE will
reduce the Company's costs going forward as it will no longer need to incur
the administrative and compliance costs in connection with the maintenance
of its CISE listing.
3. The Directors would like to simplify the Company's listing structure by
having the Ordinary Shares admitted to trading only on AIM going forward.
In accordance with the procedures of the CISEA, the Board anticipates the
cancellation of the listing to become effective on 1 July 2014, being 20
business days following the issue of this announcement.
For further enquiries please contact:
Crystal Amber Fund Limited
William Collins (Chairman)
Tel: 01481 716 000
Sanlam Securities UK Limited - Nominated Adviser
David Worlidge/Simon Clements
Tel: 020 7628 2200
Numis Securities Limited - Broker
Nathan Brown/Hugh Jonathan
Tel: 020 7260 1426
Crystal Amber Advisers (UK) LLP - Investment Adviser
Richard Bernstein
Tel: 020 7478 9080
Copyright ne 3 PR Newswire
Crystal Amber (LSE:CRS)
Historical Stock Chart
From Jun 2024 to Jul 2024
Crystal Amber (LSE:CRS)
Historical Stock Chart
From Jul 2023 to Jul 2024