EastCoal Inc Amended Date of Cancellation of AIM Admission (4576O)
06 August 2014 - 6:00PM
UK Regulatory
TIDMECX
RNS Number : 4576O
EastCoal Inc
06 August 2014
NEWS RELEASE - August 06, 2014
EASTCOAL ANNOUNCES AMENDED DATE OF CANCELLATION OF THE COMPANY'S
ADMISSION TO AIM
EastCoal Inc. (NEX: ECX.H, AIM: ECX) ("EastCoal" or the
"Company") advises that pursuant to AIM Rule 41, and following the
Special Meeting of the Company on July 30, 2014 in which
Shareholders approved the cancellation of the admission of the
Company's securities to AIM, the Company's securities will be
cancelled from admission to trading on AIM at 7:00 a.m. (London
time) on August 27, 2014 (the "Cancellation").
Trading Common Stock following the Cancellation
Following Cancellation the Company will maintain its NEX listing
and will therefore continue to be subject to the Canadian
Securities and Exchange Commission's reporting obligations. Once
Cancellation has occurred there will be no market facility in the
UK for dealing in EastCoal's Depository Interests. Those wishing to
trade their Depository Interests will need to do so through NEX and
should contact Computershare UK on +44 (0)906 999 0000 to transfer
their holding to the Canadian register.
On September 24, 2014 the CREST depository interest facility
will be terminated and the ISIN for the securities previously held
in CREST system will be disabled. At this time all Depository
Interests that were previously admitted to trading on AIM and
entered on the register maintained by Computershare will be placed
on the Company's Canadian registrar list. A Depository Interest
holder may instruct Computershare UK on +44 (0)906 999 0000 to
effect the transfer prior to Close of business on September 23,
2014.
The Company's Canadian transfer agent and registrar will send
out Direct Registration Statements to all EastCoal shareholders
whose shares were previously entered on the share register
maintained by Computershare UK. Any EastCoal shareholder holding a
physical certificate should hold on to the certificate until such
time as they wish to trade the shares.
Any questions regarding the handing in of share certificates or
how to electronically deposit shares can be directed to EastCoal's
Canadian transfer agent and registrar, Computershare
("Computershare"), 8th Floor, 100 University Avenue, Toronto,
Ontario, M5J 2Y1 www.computershare.com . Computershare, or a
brokerage firm of your choosing, will be able to further provide
you with instructions regarding the process of trading your shares
in Canada.
The Company will continue to keep EastCoal shareholders informed
of the Company's financial and operational performance through
ongoing updates in regulatory filings with the NEX, as well as
updates in press releases, on the Company's website,
(www.eastcoal.com) and in investor meetings.
Contacts:
EastCoal Inc.
Hendrik Dietrichsen, CEO +44 (75) 9260 5241
Cenkos Securities plc
Alan Stewart/Derrick Lee +44 (0) 131 220 6939
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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