Armour Group PLC Notification of Suspension (9441U)
August 04 2015 - 2:00AM
UK Regulatory
TIDMAMR
RNS Number : 9441U
Armour Group PLC
04 August 2015
Armour Group plc
("Armour" or "the Company")
Notification of Suspension
Armour has been pursuing opportunities for the implementation of
the Company's investing strategy and several have progressed to
detailed diligence. The Company became an investing company
following the disposal of Armour Home and Armour Hong Kong as
announced on 18 July 2014.
Unfortunately, in accordance with Rule 15 of the AIM Rules for
Companies ("AIM Rules"), the Company's shares will be suspended
from trading on AIM from 7.30 a.m. on 5 August 2015 as the Company
has not been able to complete an acquisition which constitutes a
reverse takeover under the AIM Rules, or otherwise implement its
investing policy within the twelve months permitted.
In the event that the Company is unable to implement its
investing policy by 5 February 2016, admission of the Company's
shares will be cancelled in accordance with Rule 41 of the AIM
Rules.
Armour continues to pursue suitable investment opportunities for
its shareholders in accordance with its investing policy. As
detailed in the interim results to 28 February 2015, Armour held
cash and cash equivalents of GBP3.7m at the interim period end.
Further Details:
Armour Group plc Tel: 01634
Mark Wilson, Finance 673172
Director
finnCap Limited Tel: 0207
Geoff Nash 220 0500
Grant Bergman
Stephen Norcross
(Broking)
This information is provided by RNS
The company news service from the London Stock Exchange
END
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