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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Merchant Hse | LSE:MHG | London | Ordinary Share | GB0000577386 | ORD 0.01P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.0425 | 0.00 | 00:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Nov 2019 to Nov 2024
TIDMMHG
RNS Number : 1560S
Merchant House Group PLC
27 November 2012
27 November 2012
MERCHANT HOUSE GROUP PLC (the "Company")
Cancellation of admission to trading on AIM
The Company regrets to announce that despite considerable efforts by the Board, the Company has been unable to raise sufficient funding in time in order to restore trading on AIM in the Company's ordinary shares and therefore admission to AIM will be cancelled pursuant to the AIM rules with effect from 7.00am on 28 November 2012.
The Company has entered into some investment agreements which are conditional, inter alia, on the lifting of the suspension in trading in the Company's ordinary shares. The directors intend to enter into discussion with the funding parties to determine if this condition may be waived. There is no guarantee that these discussions will result in a satisfactory outcome but shareholders and creditors will be updated within the next few days.
In the meantime the Company will consider all the options open to it to preserve value for stakeholders.
Enquiries:
Merchant House Group plc James Holmes / James Keane +44 (0) 20 3544 4793 Allenby Capital Limited (Nominated Adviser and Broker) Jeremy Porter / James Reeve +44 (0) 20 3328 5656
This information is provided by RNS
The company news service from the London Stock Exchange
END
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