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FND Finders Res.

25.25
0.00 (0.00%)
23 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Finders Res. LSE:FND London Ordinary Share AU000000FND9 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 25.25 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

CANCELLATION OF AIM LISTING

17/12/2010 9:00am

UK Regulatory



 
TIDMFND 
 
For Release: 17 December 2010 
 
FINDERS RESOURCES LIMITED 
 
CANCELLATION OF AIM LISTING 
 
Finders Resources Limited ("Finders") has decided to cancel its listing on the 
AIM market of the London Stock Exchange ("AIM"). Finders shares will continue to 
be listed on the Australian Securities Exchange ("ASX"), and shareholders 
wishing to trade their Finders' shares after its listing on AIM is cancelled 
will be able to do so through the ASX. 
 
Less than 2% of Finders shares on issue are now held on its UK share registry 
and traded on AIM.   The cancellation will give shareholders currently on AIM 
access to the greater liquidity available on the ASX. 
 
In addition, Finders incurs significant compliance and other costs associated 
with maintaining and AIM listing which were not justified by the low trading 
volume on AIM. 
 
Finders   continues  to  welcome  investment  from  London  and  other  European 
institutions  and will  be maintaining  its UK  marketing programme  through the 
retention of FinnCap Ltd as joint broker and research provider. 
 
The cancellation is scheduled to take effect at 7am UK time on 26 January 2011 
with the last day of trading of Finders shares on AIM being on 25 January 2011. 
 
All shareholdings held through Finders' UK share registry will be migrated to 
Finders Australian share registry (managed by Computershare) following the 
cancellation date. However, shareholders may elect to transfer their holding 
before such date if they choose. A letter will be sent to holders on the UK 
registry providing further details on this process and on trading shares on the 
ASX. 
=- ends - 
 
For further information please contact 
 
 Finders Resources Ltd: 
 
 Russell Fountain   Non-Executive Chairman       +61 2 9211 8299 
 
 Chris Farmer       Managing Director            info@findersresources.com 
 
 Financial PR / Investor Relations: 
 
 Nick Elwes         College Hill                 +44 20 7457 2020 
 
 RFC Corporate Finance Ltd - Nomad: 
 
 Rob Adamson        Managing Director            +61 2 9250 0000 
 
 Stuart Laing       Executive Director           +61 8 9480 2500 
 
 finnCap -  Finders' Broker for the AIM market: 
 
 Matthew Robinson   Corporate Finance Director   +44 20 7600 1658 
 
 Joe Lunn           Analyst                      +44 20 7600 1658 
 
 
 
 
 
 
 
 
 
 
This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
 
Source: Finders Resources Limited via Thomson Reuters ONE 
 
[HUG#1473606] 
 

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