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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Azure Hlgs | LSE:AZH | London | Ordinary Share | GB00B1CRL578 | ORD 0.2P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.00 | - |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:8005U AIM 29 January 2004 Azure Holdings plc (formerly Room Service Group plc) Trading in the shares of Azure Holdings plc ("Azure") on AIM has been suspended since 22 October 2003. Since that time the London Stock Exchange ('the Exchange') has been working to alleviate the settlement difficulties that have affected the shares and to ensure that all investors received either the shares which they purchased together with the connected entitlements, or a cash payment of equivalent value if they so wished. On 19 December the Exchange announced that it had directed the Azure market makers to make a Settlement Offer in cash in lieu of the delivery of Azure shares and the associated entitlements to participate in the forthcoming Open Offer. The Settlement Offer has now closed, acceptances have been processed and the brokers of those qualifying investors who accepted the offer should shortly receive payment, if they have not done so already. Those investors who declined the Settlement Offer should now have received delivery of their shares. In addition, the Exchange is satisfied that the counterparties concerned are now able to protect those same investors' entitlements by enabling them to acquire 10 additional shares for each share held at 1p per share through their broker as if they had participated in the Open Offer. Once the Open Offer has been made by Azure, those investors who purchased Azure shares prior to the record date for the Open Offer will be able to contact their broker to obtain a copy of the Open Offer prospectus and application form. Those investors wishing to acquire additional Azure shares on equivalent terms to the Open Offer will then receive their additional shares through their broker against payment of the subscription price of 1p, in accordance with the Open Offer timetable. Qualifying investors who did not accept the cash Settlement Offer and, having considered the Open Offer, wish to acquire additional Azure shares should therefore return the completed application form to the broker through which they dealt, instead of to the Company itself. Since the settlement backlog in Azure shares has now been resolved, and the rights of investors' who were affected by the backlog to purchase additional shares have been protected, trading in Azure shares will resume on Friday 30 January 2004. Enquiries: Public enquiries: 020 7797 3523 Press enquiries: 020 7797 1222 This information is provided by RNS The company news service from the London Stock Exchange END MSCUKUNRSRRAUAR
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