Path Investments plc Further re Application for Lifting of Suspension (6953Q)
22 Junio 2020 - 10:45AM
UK Regulatory
TIDMPATH
RNS Number : 6953Q
Path Investments plc
22 June 2020
22 June 2020
Path Investments plc
("Path" or the "Company")
Further re Application for Lifting of Suspension
Path Investments plc (TIDM: PATH), the energy and natural
resources investment company, announces that further to the
announcement made on 12 June 2020 the Company remains in
discussions with the FCA regarding the application to lift the
current suspension of Path's ordinary shares from the standard
segment of the Official List of the FCA and from trading on the
Main Market of the London Stock Exchange. Given these ongoing
discussions the resumption of trading of the Company's ordinary
shares on the London Stock Exchange will not now occur on 23 June
2020 as previously anticipated.
Completion of the Fundraising announced on 12 June 2020 is
conditional, inter alia, upon admission of the New Ordinary Shares
to the standard segment of the Official List of the FCA and to
trading on the Main Market of the London Stock Exchange.
The Company hopes to resolve the outstanding technical matters
with the FCA shortly and further updates will be announced as
appropriate.
Capitalised terms used but not defined in this announcement have
the same meanings as set out in the Company's announcement of its
proposed fundraising and application for lifting of suspension
dated 12 June 2020.
For further information please contact:
Path Investments plc C/O IFC
Christopher Theis
IFC Advisory (Financial PR & IR) 020 3934 6630
Tim Metcalfe
Zach Cohen
Keith, Bayley, Rogers & Co. Limited (Broker)
07776 30 22
Brinsley Holman 28
07506 43 41
Graham Atthill-Beck 07
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END
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