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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Abal Group Plc | LSE:ABAL | London | Ordinary Share | GB00BFMDJC60 | ORD 0.002P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.85 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMABAL
RNS Number : 7225H
Abal Group PLC
02 August 2019
2 August 2019
Abal Group plc
(the "Company")
(AIM: ABAL)
Update on suspension date
The Company became an AIM Rule 15 Cash Shell on 5 February and, as such, the Company is required to make an acquisition or acquisitions which constitutes a reverse takeover under AIM Rule 14 within six months of 5 February 2019 or be re-admitted to trading on AIM as an investing company under the AIM Rules (which requires the raising of at least GBP6 million) failing which, the Company's Ordinary Shares will then be suspended from trading on AIM pursuant to AIM Rule 40.
In an announcement dated 1 March 2019 the Company incorrectly stated that its shares would be suspended on or before the date falling 6 months from 5 March 2019. This date should have been stated as 5 February 2019.
The suspension of the Company's shares will take effect from 7.30 a.m. on 6 August 2019.
The Board continues to focus on acquisition opportunities which could lead to a reverse takeover under AIM Rule 14.
Enquiries:
Abal plc Tel: +44 (0)7717 436384 Simon Charles WH Ireland NOMAD and Broker Tel: 0117 945 3471 Mike Coe / Chris Savidge Peterhouse Corporate Finance (Joint Tel: 020 7469 0936 broker) Lucy Williams / Duncan Vasey
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 or visit www.rns.com.
END
UPDPTMPTMBIMMIL
(END) Dow Jones Newswires
August 02, 2019 04:49 ET (08:49 GMT)
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