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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Metro Baltic | LSE:MET | London | Ordinary Share | IM00B1G4ZQ34 | ORD EUR0.01 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 21.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Jun 2019 to Jun 2024
TIDMMET
RNS Number : 7592G
Metro Baltic Horizons PLC
09 May 2014
Metro Baltic Horizons plc (MET.L)
("Metro Baltic Horizons" or the "Company")
9 May 2014
Proposed suspension of trading and delisting
For immediate release
Following the completion of the disposal of the Company's remaining property assets the Company had twelve months to make an acquisition or acquisitions which constitute a reverse takeover under the AIM Rules or otherwise implement its current investing policy in accordance with Rule 15 of the AIM Rules for Companies or face suspension of the trading of its shares on AIM.
The Company hereby gives notice that, in accordance with the AIM Rules, trading in the Company's shares will be suspended with effect from 7.30am on Tuesday 15 July 2014 ("Proposed Suspension").
Following the disposal of its remaining property assets, the Company's strategic focus has been on the pursuit of litigation against the Company's former Board and its advisers rather than the implementation of its investing policy. Some success in this strategy has already been announced and the Board is continuing with this approach.
The Company's board of directors, in conjunction with its professional advisers, is considering proposals to be put to shareholders relating to a potential distribution and the continued listing of the Company's shares. The Company intends to put proposals to shareholders at a general meeting to be called and held in advance of the Proposed Suspension.
It is intended that the Company will announce its results for the year ended 31 December 2013 by no later than the second week in June 2014.
Enquiries
Metro Baltic Horizons plc.
Ronan Reid Tel: +353 1 6333843
S. P. Angel Corporate Finance LLP
Stuart Gledhill Tel: 020 3463 2260
Further information
This announcement will be available on MBH's website http://www.metrobaltichorizons.com/ as soon as practicable in accordance with AIM Rule 26.
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCLLFFSESIAIIS
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