Leyshon Energy Limited CASH DISTRIBUTION AND MATCH TRADING FACILITY (3900E)
February 09 2015 - 4:15AM
UK Regulatory
TIDMLEN
RNS Number : 3900E
Leyshon Energy Limited
09 February 2015
9 February 2015
LEYSHON ENERGY LIMITED
CASH DISTRIBUTION TO SHAREHOLDERS OF US$15.6 MILLION AND MATCH
TRADING FACILITY ARRANGEMENTS
Leyshon Energy Limited (AIM:LEN) (the "Company") today announces
that the cash distribution proposed in the circular to shareholders
of the 13 January 2015 (the "Circular") has been finally determined
by the Directors as being approximately US$15.6 million in
aggregate, which will result in a dividend payment of GBP 4.1 pence
per share the (the "Cash Distribution").(Defined terms not
otherwise defined in this announcement shall have the same meanings
as set out in the Circular.)
The record date for entitlement to the Cash Distribution is 5 pm
on 10 February 2015. Only those Shareholders and Depositary
Interest Holders (as applicable) recorded, respectively, in the
Register of Members and Register of Depositary Interest Holders as
at that time will be eligible to receive the Cash Distribution.
Shareholders and Depositary Interest Holders should note that
cancellation of the admission to trading on AIM of the Company's
Shares is expected to take effect at 7 am on 10 February 2015,
subject to the release of a dealing notice to that effect.
Payments of the Cash Distribution shall be made in Australian
dollars to those Shareholders with registered addresses in
Australia and to all other Shareholders/Depositary Interest Holders
in GB pounds sterling. All payments will be made by cheque, sent by
post and expected to be received by the end of February 2015.
The Circular stated that the Company intended to make available
an off-market trading facility for the Shares and that it was
anticipated that such facility will be put in place shortly after
the due date of Cancellation. The Company is pleased to announce it
has set up a matched trading facility with JPJenkins Limited
("JPJ") to enable the Shares of the Company to be traded on JPJ
(www.jpjenkins.ltd.uk) from 8 am 11 February 2015. JPJ will, where
possible, match trade the Shares between willing buyers and willing
sellers. JPJ states that it is the oldest and largest exchange
platform for unlisted companies. Shares traded on JPJ can only be
executed via a broker that is a member of the London Stock
Exchange. Shareholders should be aware that the matched trade
service will not offer the same liquidity as AIM as such service is
not an investment exchange, nor a public market, nor is it
recognized or designated by the Financial Conduct Authority or any
other regulatory authority anywhere in the World. A Q&A
information on JPJ facility can also be viewed on the Company's
website www.leyshonenergy.com
For further information please contact:
Leyshon Energy Limited
Peter Niu Company Secretary
Tel: + 86 10 8444 2882
admin@leyshonenergy.com
Cantor Fitzgerald Europe
David Porter/Rick Thompson/ Sarah Wharry (Nominated Adviser)
Richard Redmayne (Corporate broking)
Tel: +44 207 894 7000
- ENDS -
This information is provided by RNS
The company news service from the London Stock Exchange
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