Intention to cancel admission to AIM (4167W)
January 30 2012 - 10:59AM
UK Regulatory
TIDMPTS
RNS Number : 4167W
Patsystems PLC
30 January 2012
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR PART,
IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A
VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION
30 January 2012
Patsystems plc
(the "Company" or "Patsystems")
Intention to cancel admission to AIM
Further to the announcement dated 26 January 2012 by Pattington
Limited that its recommended cash offer for Patsystems had been
declared wholly unconditional in all respects, Patsystems confirms
that it has applied to the London Stock Exchange for the admission
of its Ordinary Shares to AIM to be cancelled.
It is expected that such cancellation will take effect on 28
February 2012 prior to the start of trading, which is 20 clear
business days from the date of this announcement. Thereafter,
holders of Ordinary Shares will no longer be able to sell their
shares through the London Stock Exchange and no provision is
expected to be made for any alternative form of dealing in the
shares. No price quotation will be available after the cancellation
of admission to trading.
Enquiries:
Patsystems plc
David Webber, Chief Executive +44 (0) 20 7490 0490
Numis Securities Limited +44(0)20 7260 1000
Michael Meade / Richard Thomas as Nominated Adviser
David Poutney/ James Black as Corporate Broker
This information is provided by RNS
The company news service from the London Stock Exchange
END
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