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VSH Venue Sol

0.525
0.00 (0.00%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Venue Sol LSE:VSH London Ordinary Share GB00B0T4GP95 ORD 2P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.525 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Statement re: Cancellation of AIM listing

07/12/2009 4:59pm

UK Regulatory



 

TIDMVSH 
 
RNS Number : 7253D 
Venue Solutions Holdings PLC 
07 December 2009 
 

7 December 2009 
 
 
Venue Solutions Holdings plc 
("Venue Solutions" or the "Company") 
 
 
Cancellation of AIM listing 
 
 
On 8 May 2009, trading in the Company's shares was suspended due to the board 
becoming aware that the Company would be unable to release its financial results 
for the year ended 30 November 2008 in accordance with the AIM Rules for 
Companies. 
 
 
The Company and its auditors have made significant progress with the audit of 
the accounts for the year ended 30 November 2008. However, despite the efforts 
of the Board and its advisers, the Company was unable to complete the accounts 
in the necessary timescale. Consequently, the Company is not in a position to 
comply with the AIM Rules for Companies and trading in the Company's shares will 
be cancelled with effect from 7.00 a.m. tomorrow. 
 
 
Following cancellation, the principal effects of the Cancellation would be: 
 
 
(a)    there would no longer be a formal market mechanism enabling the 
shareholders to trade their shares through the AIM market and the CREST facility 
will be cancelled; 
 
 
(b)    the Company would not be bound to announce material events, nor to 
announce interim or final results, although it is the board's intention to do so 
on the Company's website www.venuesolutionsplc.com; and 
 
(c)  the Company would no longer be required to comply with any of the corporate 
governance requirements for quoted companies. 
 
 
Continued Services to Shareholders 
The Board will: 
 
 
 (a)    continue to post information relating to the Company on the Venue 
Solutions website (www.venuesolutionsplc.com); 
 
 
(b)continue to hold general meetings in accordance with the applicable statutory 
requirements and the Company's the articles of association of the Company; and 
 
 
(c)    continue to send Shareholders copies of the Company's audited accounts, 
by electronic and/or web communication or post if appropriate. 
 
 
 
 
 
 
 
 
Enquiries: 
 
 
+------------------------------------+------------------------------------+ 
| Venue Solutions Holdings plc       |                                    | 
+------------------------------------+------------------------------------+ 
| Oliver Iny/Stephen Thomson   via Haggie Financial Tel: 020 7417 8989    | 
|                                                                         | 
+-------------------------------------------------------------------------+ 
|                                    |                                    | 
+------------------------------------+------------------------------------+ 
| Merchant John East Securities Limited (Nominated Adviser and Broker)    | 
+-------------------------------------------------------------------------+ 
| David Worlidge / Simon Clements    |                 Tel: 020 7628 2200 | 
+------------------------------------+------------------------------------+ 
|                                    |                                    | 
+------------------------------------+------------------------------------+ 
| Haggie Financial LLP               |                                    | 
+------------------------------------+------------------------------------+ 
| Nicholas Nelson / Kathy Boate      |                 Tel: 020 7417 8989 | 
+------------------------------------+------------------------------------+ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 STRUBVNRKWRURAA 
 

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