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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Newmarket Inv. | LSE:NWN | London | Ordinary Share | GB0001288504 | ORD 0.01P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.25 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMNWN NEWMARKET INVESTMENTS PLC RESIGNATION OF NOMINATED ADVISER AND BROKER Newmarket Investments PLC (the "Company") today announces that its nominated adviser, Dowgate Capital Advisers Limited ("DCA"), and the Company's broker, Dowgate Capital Stockbrokers Limited ("DCS") have resigned with immediate effect. Under AIM Rule 1, if the Company fails to appoint a new nominated adviser within one month, the admission of the Company's shares to trading on AIM will be cancelled by the London Stock Exchange at 7.00 a.m. on 30 November 2009. The board announces that it is in discussions in relation to a potential transaction in the leisure sector for which it would receive an introductory fee from a third party, conditional on completion. Receipt of such a fee would provide the Company with further working capital. The Company's shares are currently suspended from trading on AIM due to the Company's failure to publish the report and accounts for the year ended 31 March 2009 in accordance with AIM Rule 19. The resignation of the Company's nominated adviser is a further reason for the continuing suspension of trading in the shares. The board is managing its cash tightly. However, until the Company receives the fee mentioned above and is thereafter able to confirm its going concern status to the satisfaction of the Company's auditors, the report and accounts for the year ended 31 March 2009 will not be finalised. A further announcement will be made as soon as possible. For further information please visit www.newmarketinvestmentsplc.com or contact: Jonathan Cohen Newmarket Investments plc Tel: 020 7486 8985 Aaron Smyth Dowgate Capital Advisers Ltd Tel: 020 7492 4777
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1 Month Newmarket Investments Chart |
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