30 November 2012
GSC Property Holdings plc
Withdrawal from ISDX Market
Notice is given of an Extraordinary General Meeting of the
Company to be held on Monday 3rd December
2012 at 9.00am at the offices
of Jefferies Essex LLP, 3rd Floor Dencora Court, Tylers Avenue,
Southend on Sea, Essex SS1 2BB.
The purpose of the meeting is to vote on the proposal to delist
shares from trading on the ISDX (formerly PLUS) market. The cost of
listing has now become an expense that your Directors no longer
feel is justified.
90% of the Shareholders have given undertakings that they will
be voting in favour of the resolution and the same Shareholders
have already consented to short Notice of the meeting being
held.
The intention is that the Company ends its listing 10 working
days after the General Meeting, or earlier if so agreed with the
ISDX Market.
Following this there will no formal exchange for sale or
transfer of Company shares, but the Company's directors will
maintain a register of individual shareholders that wish to sell
their shares and will be prepared to pass details on to any
shareholder or prospective shareholder that wishes to buy shares.
The directors will not participate in any pricing, negotiation or
valuation of such transactions.
For further information please contact:
Mark Rubin, Chief Executive 01702
293300
Jonathan Williams, Bishop Fleming
(Corporate Adviser) 0117 9100 250
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