JNY Journey Grp

TIDMJNY

RNS Number : 3980P

Journey Group PLC

17 November 2016

17 November 2016

Journey Group plc

("Journey" or the "Group")

Proposed delisting and cancellation of trading on AIM

Journey Group notes the announcement by Jaguar Holdings Limited ("Jaguar") earlier today that by virtue of its shareholdings and acceptances of the Recommended Mandatory Offer (as defined in Jaguar's announcement) it has acquired, or agreed to acquire, Journey Shares representing at least 75 per cent. of the voting rights of Journey. Accordingly, Jaguar has announced that it intends to procure that Journey applies to the London Stock Exchange for the cancellation of the admission of Journey Shares to trading on AIM.

Journey will shortly make an application for the cancellation of the trading in its shares and it is anticipated that the earliest date that the cancellation will take place is 16 December 2016, being 20 Business Days from the date of this announcement. Further announcements on the proposed delisting and cancellation will be made at the appropriate time.

Enquiries:

 
Journey Group plc                             Tel: +44 (0) 208 606 1300 
 Stephen Yapp, Executive Chairman 
 Alison Whittenbury, Chief Financial Officer 
Nplus1 Singer Advisory LLP                    Tel: +44 (0) 207 496 3000 
 (Nominated Adviser and Broker to Journey) 
 Alex Price 
 Lauren Kettle 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

November 17, 2016 02:10 ET (07:10 GMT)

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