Rangers Int. Football Club PLC Suspension of Trading on AIM (5633G)
March 04 2015 - 10:00AM
UK Regulatory
TIDMRFC
RNS Number : 5633G
Rangers Int. Football Club PLC
04 March 2015
Rangers International Football Club PLC
("Rangers" or the "Company")
Suspension of trading on AIM
The Company has been informed that its Nominated Adviser
("NOMAD") does not believe that it can satisfy the London Stock
Exchange in relation to its NOMAD obligations in respect of the
appropriateness of the Company's securities to be admitted to AIM,
and therefore the NOMAD has resigned as Nominated Adviser to
Rangers with immediate effect. Accordingly Rule 1 of the AIM rules
for Companies will apply, and trading in the Company's AIM
securities will be suspended with immediate effect. If the Company
is not able to restore trading within one month, admission of the
Company's securities to AIM will be cancelled.
If requested during the suspension period WH Ireland is willing
to assist the Company to implement the necessary changes for WH
Ireland or another Nomad to become satisfied as to the Company's
appropriateness for AIM. If a Nominated adviser is appointed it may
apply to the London Stock Exchange on behalf of the Company for
trading to be restored.
The Directors are disappointed that this event has had to take
place despite the considerable efforts they have made over the last
few weeks and months against the backdrop of the general meeting
requisition and wish also to record their appreciation to their
outgoing NOMAD for all it has done for the Club.
Ends
For further information please contact:
Rangers International Football Club plc Tel: 0141 580 8647
Derek Llambias
WH Ireland Limited Tel: 020 7220 1666
Adrian Hadden / Paul Shackleton
Newgate Threadneedle Tel: 020 7148 6143
Roddy Watt / Ed Treadwell
This information is provided by RNS
The company news service from the London Stock Exchange
END
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