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ARCH Arc Capital

0.265
0.00 (0.00%)
20 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Arc Capital LSE:ARCH London Ordinary Share KYG0450H1002 ORD USD0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.265 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

ARC Capital Holdings Limited Update on Nomad and Suspension of Trading (1297Z)

15/09/2015 1:42pm

UK Regulatory


Arc Capital (LSE:ARCH)
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TIDMARCH

RNS Number : 1297Z

ARC Capital Holdings Limited

15 September 2015

15 September 2015

For Immediate Release

ARC Capital Holdings Limited

Update on Nominated Adviser and Suspension of Trading

On 30 June 2015, ARC Capital Holdings Limited (the "Company" or "ARCH") (AIM: ARCH) announced that it had requested the suspension of its shares from trading on AIM, pending the finalisation of its audited annual accounts for the financial year ending 31 December 2014. Furthermore, on 14 August 2015, ARCH announced that it had been notified by Grant Thornton UK LLP of its resignation as Nominated Adviser effective 15 September 2015.

Whilst the Company expects to publish its audited accounts shortly, it is yet to appoint a replacement Nominated Adviser. As such, pursuant to AIM Rule 1, ARCH shares will continue to be suspended from trading on AIM until a new Nominated Adviser is appointed. The Board of Directors continues its efforts to appoint a replacement Nominated Adviser, however, if a replacement is not found, the admission of ARCH's ordinary shares to trading on AIM will be cancelled at 7.00 a.m. on 16 October 2015.

A further announcement will be made in due course.

Enquiries

For further information, please contact:

ARC Capital Holdings Limited

Alpay Ece / Sean Hurst

Tel: +44 (0)20 7845 5950

Edmond de Rothschild Securities (UK) Limited

William Marle

Tel: +44 (0)20 7845 5950

John Armstrong-Denby

Tel: +44 (0)20 7845 5950

Hiroshi Funaki

Tel: +44 (0)20 7845 5960

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCUVOURVNAKAAR

(END) Dow Jones Newswires

September 15, 2015 08:42 ET (12:42 GMT)

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