SigmaRoc PLC Statement Regarding Suspension (7887L)
October 05 2016 - 8:45AM
UK Regulatory
TIDMSRC
RNS Number : 7887L
SigmaRoc PLC
05 October 2016
5 October 2016
SigmaRoc plc
("SigmaRoc" or the "Company")
Statement Regarding Suspension
The Board of SigmaRoc (AIM:SRC), a company which is pursuing an
acquisition-led strategy in the construction materials sector,
announces that, at the request of the Company, SigmaRoc's ordinary
shares have been suspended from trading on AIM with effect from
2.45 p.m. this afternoon.
The Company has submitted a binding proposal for the acquisition
of a company and has been notified that it is the preferred bidder,
and has entered into an eight week exclusivity period, in a formal
process which, if completed on the currently proposed terms, would
be classified as a reverse takeover under the AIM Rules for
Companies.
The Company's ordinary shares will remain suspended from trading
on AIM until such time as either an admission document setting out
details of the proposed transaction is published or confirmation is
given that the transaction is not proceeding.
Further announcements will be made in due course.
-Ends-
For further information, please contact:
+44(0)20
SigmaRoc plc 7193 4470
Max Vermorken
Strand Hanson Limited (Nominated +44(0)20
Adviser) 7409 3494
James Spinney
James Dance
Peterhouse Corporate Finance +44(0)20
Limited (Broker) 7469 0930
Eran Zucker
Tavistock (Public Relations +44 (0)20
Adviser) 7920 3150
Jos Simson
Barney Hayward
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulations (EU) No. 596/2014. Upon the
publication of this announcement via Regulatory Information
Service, this inside information is now considered to be in the
public domain.
This information is provided by RNS
The company news service from the London Stock Exchange
END
STRAKPDBNBDDOKK
(END) Dow Jones Newswires
October 05, 2016 09:45 ET (13:45 GMT)
Sigmaroc (LSE:SRC)
Historical Stock Chart
From Apr 2024 to May 2024
Sigmaroc (LSE:SRC)
Historical Stock Chart
From May 2023 to May 2024