TIDMCICC

RNS Number : 1426F

CIC Capital Ltd

21 April 2014

CIC CAPITAL LTD ("CIC" or the "Company")

New Share Registrar

CIC Capital Ltd (AIM: CICC), the consulting and advisory firm operating primarily in the resource development and energy infrastructure sectors, is pleased to advise that as of April 30, 2014 the Canadian share register will no longer be maintained by Olympia Trust Company.

Computershare Investor Services (Jersey) Limited, has been appointed as transfer agent and registrar and all CDS participants holdings will form part of the register maintained by Computershare Investor Services (Jersey) Limited. CIC is currently only listed on the AIM segment of the London Stock Exchange with settlement taking place with CREST, (the UK's electronic settlement system) in the form of Depositary Interests (DI's).

The Shares will no longer be settled in CREST Depository Interest (CDI) form, instead the Company has arranged for Computershare Investor Services PLC (the 'Issuer') to issue Depository Interests in respect of the underlying Shares (the 'Depository Interests'). The Depository Interests may be held and transferred within the CREST system and will be created and issued pursuant to a Deed Poll executed by the Issuer under English law.

The issuance of the Depository Interests is subject to the successful transfer of the register of shares from Canada to Jersey.

In the CREST system, the Depository Interests will carry the same ISIN as the Shares. It will of course remain open to CREST members, should they wish to do so, to continue to hold the Company's shares in certificated form as they do now and make use of the residual settlement mechanism.

The Company has informed Euroclear UK & Ireland that (1) a CREST transfer form or dematerialisation form lodged as a stock deposit will be deemed to constitute a transfer of the Shares to the Issuer, who will issue corresponding depository interests in the CREST system to the depositing member/transferee; and (2) in a similar way, a stock withdrawal will be deemed to constitute an instruction to the Issuer to cancel the depository interest and effect a transfer of the shares to the person specified in the instruction.

The Depository Interests will be subject to Stamp Duty Reserve Tax (SDRT).

Enquiries

 
 CIC Capital Ltd 
  Stuart J. Bromley 
  Tel: +86 136 0113 1912 
  bromley@CICCapital.com

CIC Capital Ltd

The Company is a consulting and advisory company, operating primarily in the mining and energy infrastructure sectors. The Company seeks to provide consulting and advisory services to entities operating at various stages of resource development, and the exclusive right to control the public listing process of any client company if the client company is an unlisted company.

The core services provided by CIC Capital Ltd. are: the Advisory Service which provides a range of technical, project management, strategic and commercial services; the Strategic Investment Service which helps companies source investment from industry partners for which the Company will typically receive an equity interest; and Advice on Listings where the Company helps the client realise value by listing on a Stock Exchange www.CICCapital.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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