Registration in Austria & Temporary Suspension (4833B)
April 17 2012 - 5:35AM
UK Regulatory
TIDMSCO
RNS Number : 4833B
Scotty Group SE
17 April 2012
17 April 2012
SCOTTY Group SE
("SCOTTY" or the "Company")
Registration in Austria & Temporary Suspension
SCOTTY is pleased to announce that the Austrian Court at
Eisenstadt has today approved and confirmed the registration of the
Company in Austria with effect from 17 April 2012.
As stated in the Appendix to SCOTTY's Schedule 1 Announcement,
which was published on 30 March 2012, foreign securities cannot be
held and transferred directly through the CREST system until they
are in CDI form. CDIs are dematerialised depository interests
representing entitlements to ordinary shares. Trading in the
Company's ordinary shares on AIM has therefore been temporarily
suspended pending the issue of CDIs. The Company will be writing to
shareholders shortly on this matter.
The suspension to trading is expected to be lifted on the date
of readmission of the Company's shares in CDI form, which is
expected to be at 7:30 a.m. on 2 May 2012.
A further announcement will be made in due course.
Enquiries:
SCOTTY Group SE
Kurt Kerschat, CEO +43 316 409 426
Nominated Adviser
Cairn Financial Advisers LLP
Tony Rawlinson / Avi Robinson +44 20 7148 7900
Broker
Northland Capital Partners Limited
Katie Shelton +44 20 7796 8800
The Schedule 1 Announcement is available at the following
link:
http://www.scottygroup.com/images/content/pdfs/schedule_one_announcement2.pdf
The Appendix to the Schedule 1 Announcement is available at the
following link:
http://www.scottygroup.com/images/content/pdfs/appendix_to_schedule_one_announcement.pdf
This information is provided by RNS
The company news service from the London Stock Exchange
END
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