Statement re. Suspension
06 August 2009 - 9:24AM
UK Regulatory
TIDMCOC
RNS Number : 9863W
Cobra Capital Limited
06 August 2009
COBRA CAPITAL LIMITED
("Cobra" or "the Company")
Update on suspension
Further to the announcement of 6 July 2009, Cobra Capital Limited (AIM: COC),
the small-cap investment company, announces that whilst it remains in discussion
with its bank and principal creditor (the "Bank") regarding proposals which
would allow the Company to continue to trade, it has not, to date, received a
response to its proposals and is unlikely to do so before 13 August 2009.
Cobra's shares have been suspended since 13 February 2009 and under the AIM
Rules for Companies (the "AIM Rules") if the suspension continues for more than
6 months the Company's listing will be cancelled. The AIM Rules also required
the Company to publish its annual audited accounts within 6 months of its year
end. The Company is not in a position to request a lifting of the current
suspension of trading in its shares until it is able to reach agreement with the
Bank and is able to publish its accounts, which were required to have been
released under the AIM Rules by 30 June 2009 at the latest.
Accordingly, the Directors advise Cobra shareholders that in the absence of a
change of position by the Bank and the swift publication of its accounts it is
likely that the Company's listing on AIM will be cancelled on 13 August 2009.
Enquiries:
Cobra Limited
Jonathan Freeman020 7752 0215
Finncap, Nominated Adviser
Clive Carver 0207 600 1658
This information is provided by RNS
The company news service from the London Stock Exchange
END
SRSUNUBRKARWRRR
Cobra Capital (LSE:COC)
Historical Stock Chart
Von Mai 2024 bis Jun 2024
Cobra Capital (LSE:COC)
Historical Stock Chart
Von Jun 2023 bis Jun 2024
Echtzeit-Nachrichten über Cobra Cap (Londoner Börse): 0 Nachrichtenartikel
Weitere Cobra Capital News-Artikel