Brooks Macdonald Group today (13 March) released an upgrade in regard to the recommended admission of its average shares the equity shares (Commercial Companies) Category of the Official List of the FCA and to trading on the Main Market of the London Stock Exchange.
“Further to its announcement on 15 January 2025, the Company expects that (i) Admission will take place at 8.00 a.m. on 28 March 2025; and (ii) the Ordinary Shares will be cancelled from trading on AIM at 8.00 a.m. on 28 March 2025. The last day of trading in the Company’s Ordinary Shares on AIM is therefore expected to be 27 March 2025”, the declaration stated.
Admission stays based on a variety of problems, consisting of the authorization by the Financial Conduct Authority of a program.
Brooks Macdonald even more specified that it does not plan to elevate any kind of funds or supply any kind of brand-new average shares in link with admission and admission will certainly be impacted with an intro of the business’s existing average shares.
“Shareholders need to keep in mind that the Company’s shares will certainly no more be traded on goal with result from Admission and need to consult their very own specialist advisors concerning the effects of Admission.
“Further announcements will be made in due course”, the declaration wrapped up.
