REG - Itsarm PLC - Cancellation of Shares to trading on AIM

ItsarmAnnouncement

28/03/2024 12:45

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RNS Number : 7518I  Itsarm PLC  28 March 2024

Itsarm plc

Cancellation of Shares to trading on AIM

 

Itsarm plc (the "Company") announces the cancellation of admission of its
ordinary shares to trading on AIM, pursuant to AIM Rule 41 ("Cancellation").
Cancellation will become effective at 7:00 a.m. on 2 April 2024.

 

The Cancellation follows the Company's announcement "Suspension from trading
and corporate and financial reporting update" on 27 September 2023.
Unfortunately it has not been possible to conclude a qualifying AIM Rule 14
(reverse takeover) transaction.

 

Upon the Cancellation becoming effective, Zeus Capital will cease to be
nominated adviser to the Company pursuant to the AIM Rules, however the
Company will remain subject to the Takeover Code.

 

The board of directors will now commence the process of winding up the
Company.

 

For further enquiries:

 Itsarm plc
 David Craven, Non-Executive Chairman

 Jean-Paul Rohan, Non-Executive Director

 Zeus (Nomad and Broker)                   +44 (0) 20 3829 5000

 David Foreman (Investment Banking)

 

 

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