We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now


It looks like you aren't logged in.
Click the button below to log in and view your recent history.


New Trading Tool: Live US Options Flow! Try it out.

GSH Green & Smart Holdings Plc

0.00 (0.0%)
22 Sep 2023 - Closed
Delayed by 15 minutes

Register Free for Streaming Quotes & Tools

Register for Free to get streaming quotes, interactive charts, trades, portfolio, live options flow and more.

Share Name Share Symbol Market Type Share ISIN Share Description
Green & Smart Holdings Plc LSE:GSH London Ordinary Share JE00BYTQ7945 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 2.85 2.70 3.00 0.00 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
- - - - 0

Bion PLC Cancellation of admission to AIM (7358W)

19/04/2023 8:59am

UK Regulatory (RNS & others)

Green & Smart (LSE:GSH)
Historical Stock Chart

From Mar 2023 to Sep 2023

Click Here for more Green & Smart Charts.


RNS Number : 7358W

Bion PLC

19 April 2023

19 April 2023

BiON plc

("BiON" or the "Company")

Cancellation of admission to AIM

Further to the Company's announcement of 20 October 2022, BiON (AIM: BiON) confirms that the Company will not complete a reverse takeover under AIM Rule 14 within the six-month period from its shares being suspended from trading on AIM.

BiON became an AIM Rule 15 cash shell ("AIM Cash Shell") following completion of the disposal of its operating business on 19 April 2022. As a result of not announcing a reverse takeover within six months of becoming an AIM Cash Shell, trading in the Company's shares was suspended on AIM on 20 October 2022, in accordance with the AIM Rules for Companies (the "AIM Rules").

Despite efforts it has not been possible for the Company to complete an acquisition, or acquisitions, which constitutes a reverse takeover under AIM Rule 14 within 12 months of the Company becoming an AIM Cash Shell and, accordingly, admission of BiON's shares to trading on AIM will be cancelled at 7.00 a.m. on 20 April 2023 ("Cancellation").

With effect from Cancellation, the Company will no longer be subject to the AIM Rules and, accordingly, among other things, the Company will not be bound to:

   -      make any public announcements of material events, or to announce interim or final results; 
   -      announce substantial transactions and transactions with related parties; 
   -      comply with any of the corporate governance practices applicable to AIM companies; 

- comply with the requirement to obtain shareholder approval for reverse takeovers and fundamental changes in the Company's business; and

   -      retain a nominated adviser and broker. 

In addition, the Cancellation may have either positive or negative taxation consequences for shareholders (shareholders who are in any doubt about their tax position should consult their own professional independent adviser).

Following the Cancellation all shareholders will remain shareholders in the Company. However, there will be no formal market mechanism enabling shareholders to trade their shares and the liquidity and marketability of the Company's shares will be constrained.

Notwithstanding that the Company will no longer be subject to the AIM Rules, the BiON Board is committed to keeping shareholders fully abreast of developments and will continue to publish news of these developments on its website https://www.bionplc.com/ . For further information, shareholders can contact Vishal Balasingham at Optiva Securities at vishal.balasingham@optivasecurities.com .


 BiON plc 
                                                 +44 20 4582 
 c/o Gracechurch Group                                  3500 
 Beaumont Cornish Limited (Nominated Adviser) 
                                                 +44 20 7628 
 Roland Cornish, Asia Szusciak                          3396 
 Optiva Securities Limited (Broker) 
                                                 +44 20 3137 
 Vishal Balasingham                                     1903 
 Gracechurch Group (Financial PR Adviser) 
                                                 +44 20 4582 
 Claire Norbury                                         3500 

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.



(END) Dow Jones Newswires

April 19, 2023 03:59 ET (07:59 GMT)

1 Year Green & Smart Chart

1 Year Green & Smart Chart

1 Month Green & Smart Chart

1 Month Green & Smart Chart
Your Recent History
Green & Sm..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

Log in to ADVFN
Register Now

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

Support: +44 (0) 203 8794 460 | support@advfn.com

V: gb D: 20230923 22:29:53