TechFinancials Inc. Result of General Meeting (4303Z)
January 10 2020 - 5:09AM
UK Regulatory
TIDMTECH
RNS Number : 4303Z
TechFinancials Inc.
10 January 2020
10 January 2020
Techfinancials, Inc
("TechFinancials" or the "Company")
Result of General Meeting
Cancellation of admission of Ordinary Shares to trading on AIM
and sole listing on the NEX Exchange Growth Market ("NEX")
TechFinancials announces that at the General Meeting of the
Company held earlier today, all resolutions were passed with the
requisite majority.
Consequently, as contemplated in the Company's circular dated 19
December 2019 ("Circular"), the last day of dealings in
TechFinancials' Ordinary Shares will be 17 January 2020 and the
admission to trading on AIM of TechFinancials' Ordinary Shares will
be cancelled at 7:00am on 20 January 2020.
The Company's Ordinary Shares will continue trading on NEX under
the same TIDM, TECH.
Further details of the Cancellation and Reregistration are set
out in the Circular referred to above. Capitalised terms used but
not defined in this announcement have the meaning given to them in
the Circular. A copy of the Circular is available on the Company's
website,
https://group.techfinancials.com/financial-calendar/.
The Company believes the Cancellation from AIM, with NEX
becoming its sole listing, is in the best interest of the business.
The Company has taken the decision to make substantial adjustments
to its operating structure and cost base while seeking to develop
its newer blockchain based businesses. The Company looks forward to
making further announcements following commencement of its sole
listing on NEX.
The information communicated within this announcement is deemed
to constitute inside information as stipulated under the Market
Abuse Regulations (EU) No. 596/2014. Upon the publication of this
announcement, this inside information is now considered to be in
the public domain.
For further information:
TechFinancials, Inc. Tel: +972 54 5233
943
Asaf Lahav, Group Chief Executive Officer
Yuval Tovias, Chief Financial Officer
Grant Thornton UK LLP (Nominated Adviser) Tel: +44 (0) 20 7383
5100
Colin Aaronson / Samantha Harrison / Seamus
Fricker
Peterhouse Capital Limited (Broker and Tel: +44 (0) 20 7469
NEX Corporate Adviser) 0930
Lucy Williams / Eran Zucker
Media enquiries:
Yellow Jersey PR Limited (Media Relations) Tel: +44 (0) 7747
788 221
Charles Goodwin
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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