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GSC Gs Chain Plc

0.975
0.00 (0.00%)
10 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Gs Chain Plc LSE:GSC London Ordinary Share GB00BP38X172 ORD GBP0.000167
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.975 0.85 1.10 0.975 0.9025 0.975 0.00 08:00:09
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Cmp Processing,data Prep Svc 0 -688k -0.0017 -5.71 3.88M

GSC PROPERTY HOLDINGS PLC - Withdrawal from Market

30/11/2012 6:28pm

PR Newswire (US)


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GSC PROPERTY HOLDINGS PLC - Withdrawal from Market
                                                               30 November 2012

GSC Property Holdings plc

Withdrawal from ISDX Market

Notice is given of an Extraordinary General Meeting of the Company to be held on Monday 3rd December 2012 at 9.00am at the offices of Jefferies Essex LLP, 3rd Floor Dencora Court, Tylers Avenue, Southend on Sea, Essex SS1 2BB.

The purpose of the meeting is to vote on the proposal to delist shares from trading on the ISDX (formerly PLUS) market. The cost of listing has now become an expense that your Directors no longer feel is justified.

90% of the Shareholders have given undertakings that they will be voting in favour of the resolution and the same Shareholders have already consented to short Notice of the meeting being held.

The intention is that the Company ends its listing 10 working days after the General Meeting, or earlier if so agreed with the ISDX Market.

Following this there will no formal exchange for sale or transfer of Company shares, but the Company's directors will maintain a register of individual shareholders that wish to sell their shares and will be prepared to pass details on to any shareholder or prospective shareholder that wishes to buy shares. The directors will not participate in any pricing, negotiation or valuation of such transactions.

For further information please contact:

Mark Rubin, Chief Executive 01702 293300

Jonathan Williams, Bishop Fleming (Corporate Adviser) 0117 9100 250

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