JQW PLC Market Update prior to de-listing from AIM (5797K)

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RNS Number : 5797K

JQW PLC

31 December 2015

 
 Press Release   31 December 2015 
 

JQW plc

("JQW" or the "Company")

Market Update prior to de-listing from AIM

On 4 December 2015, JQW plc (AIM: JQW) announced that the resignation of the Company's Nominated Adviser (the "Nomad") had become effective and, as a result, pursuant to AIM Rule 1, JQW shares would remain suspended from trading on AIM until a new Nomad had been appointed.

Despite the Board's best efforts, the Company has not been able to reach an agreement for the appointment of a replacement Nomad and, as a consequence, the admission of the Company's ordinary shares to trading on AIM is expected to be cancelled at 7.00 a.m. on 4 January 2016.

As a result of the Company de-listing, JQW will no longer be able to release announcements via an RNS, and therefore the Company will provide updates via its website (www.jqw-ir.com) as appropriate.

- Ends -

 
 JQW plc: 
 Cai Yongde, Chairman 
 Chen Daocai, Chief Executive   www.jqw-ir.com 
  Officer 
 

Media enquiries:

 
 Abchurch Communications Limited 
 Quincy Allan / Canace Wong                  Tel: +44 (0) 
                                             20 7398 7700 
 [e-mail]            www.abchurch-group.com 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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(END) Dow Jones Newswires

December 31, 2015 06:00 ET (11:00 GMT)