REG - Jade Road Investmts. - Temporary suspension of trading on AIM

Jade Road InvestmentsAnnouncement

29/05/2025 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250529:nRSc5004Ka&default-theme=true

RNS Number : 5004K  Jade Road Investments Limited  29 May 2025

 

JADE ROAD INVESTMENTS LIMITED

("Jade Road Investments", "JADE" or the "Company)

Temporary suspension of trading on AIM

 

Jade Road Investments Limited, an Investing Company quoted on AIM advises
that, as most recently announced by the Company on 20 March 2025, the disposal
of the Company's legacy assets completed on 29 May 2024 resulted in the
Company having 12 months from that date  to substantially implement its
Investing Policy as per AIM Rule 15 and paragraph 5.6 of the AIM Note for
Investing Companies. The Company confirms that this has not been achieved as
of today and that, consequently, trading in the Company's shares will be
temporarily suspended from 7:30 am today until such time as the Company
executes an investment in line with its current investing policy.

Should the Company fail to make an investment in line with its Investing
Policy for a period of 6 months from today the admission of the Company's
securities on AIM will be cancelled in line with AIM Rule 41.

 

For further information, please contact:

 

Jade Road Investments Limited

 

+44 (0) 778 531 5588

John Croft

 

Zeus - Nominated Adviser

 

+44 (0) 203 829 5000

James Joyce / Andrew de Andrade

 

Hybridan LLP - Broker

 

 +44 (0) 20 3764 2341

Claire Louise Noyce

 

 

This announcement contains inside information for the purposes of Article 7 of
the UK version of Regulation (EU) No 596/2014 which is part of UK law by
virtue of the European Union (Withdrawal) Act 2018, as amended. Upon the
publication of this announcement via a Regulatory Information Service, this
inside information is now considered to be in the public domain

 

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  MSCEAPSPAAXSEFA