MWB Business Exchange Plc Intended Cancellation of Admission (7040Y)
February 26 2013 - 8:20AM
UK Regulatory
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RNS Number : 7040Y
MWB Business Exchange Plc
26 February 2013
MWB Business Exchange Plc
(the "Company" or "Business Exchange")
London, 26 February 2013
INTENDED CANCELLATION OF ADMISSION OF SECURITIES TO TRADING ON
AIM
Further to the announcement released on 20 February 2013 by
Marley Acquisitions Limited, a wholly owned subsidiary of Regus plc
("Regus") declaring the increased Regus Offer (the "Revised Regus
Offer") wholly unconditional in all respects, the Company notifies
its shareholders that, at the request of Regus, an application has
been made to the London Stock Exchange to cancel the trading
facility in the ordinary shares of 0.1p each in the capital of the
Company ("Ordinary Shares") on AIM with effect from 7:00am on 27
March 2013.
As previously advised by the Directors to holders of Ordinary
Shares, delisting and cancellation of trading in the Ordinary
Shares will significantly reduce the liquidity and marketability of
any Ordinary Shares not previously assented to the Revised Regus
Offer.
For further information contact:
MWB Business Exchange Plc
John Spencer, Chief Executive 020 7868 7268
Andrew Blurton, Corporate Finance Director 020 7868 7321
N+1 Singer
Sandy Fraser 020 7496 3000
Baron Philips Associates
Baron Philips 020 7920 3161
This information is provided by RNS
The company news service from the London Stock Exchange
END
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