MBL Group PLC Statement re suspension (7452S)
October 05 2017 - 1:00AM
UK Regulatory
TIDMMUBL
RNS Number : 7452S
MBL Group PLC
05 October 2017
5 October 2017
MBL Group PLC
("MBL" or the "Company")
Statement re suspension
Further to the announcement made on 28 September 2017 regarding
the result of the AGM and the resultant resignation of Peter
Palframan from the Board of MBL, the Company has requested that its
ordinary shares are suspended from trading on AIM with effect from
07.30 a.m. this morning. The suspension is due to uncertainty over
whether the Board of the Company is able to properly conduct the
business of the Company given that it has only one director.
The Company's ordinary shares are expected to remain suspended
from trading on AIM until such time as another Director is
appointed to the Board. The Board can confirm, as stated in the RNS
on 28 September 2017, that discussions are ongoing with a new
potential Director and that it hopes to be able to update
shareholders shortly.
The Company will issue further announcements as appropriate.
ENDS
For further information, please contact:
MBL Group plc Tel: 01772 440440
Tim Jackson-Smith
SPARK Advisory Partners Limited Tel: 0113 370 8970
(NOMAD)
Sean Wyndham-Quin
Mark Brady
This information is provided by RNS
The company news service from the London Stock Exchange
END
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