REG - Stock Exch Notice AMTE Power PLC - N03/23 - AMTE Power plc - Suspension of trading

Amte PowerAnnouncement

13/09/2023 07:30

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230913:nRSM2918Ma&default-theme=true

RNS Number : 2918M  London Stock Exchange Notice  13 September 2023

 Market Notice
 13 September 2023

 N03/23 - AMTE Power plc - Suspension of trading and settlement situation

 

1.      London Stock Exchange ("the Exchange") has been monitoring the
settlement situation in AMTE Power plc (ISIN: GB00BNQRZZ55) following the
Company's recent notification in relation to the issue of new shares which are
conditional on shareholder consent.  As a result of the deterioration in
settlement performance, the trading of AMTE Power plc shares has been
temporarily suspended under Rule 1510 of the Rules of the London Stock
Exchange.  Settlement of outstanding transactions can continue whilst the
security is suspended.  The Exchange will continue to monitor the settlement
situation and when trading is to be restored, the market will be notified by
Stock Exchange Notice.

 

 

2.      Rule 5000 (Obligation to settle) and its associated guidance
places an obligation on member firms to ensure that every on Exchange trade is
duly settled on the agreed settlement date.  This obligation remains even if
the reason for non-settlement is a customer or counterparty having failed to
settle other transactions in the same security.

 

3.      Any queries on this Notice should be addressed to Market
Supervision, Market Regulation, telephone +44 (0)20 7797 3666 (STX 33666)
option 2.

 

 

 

 

Liam Smith

 

Head of Market Supervision

 

This Stock Exchange Notice will be available on the website at
https://www.londonstockexchange.com/resources/london-stock-exchange-notices
(https://www.londonstockexchange.com/resources/london-stock-exchange-notices)

 

Calls to the London Stock Exchange plc may be recorded to enable the London
Stock Exchange to carry out its regulatory responsibilities.

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  SENFIFFRAEIVLIV