ZAIM.L

Zaim Credit Systems Plc
Adalan Ventures PLC - Statement re Share Consolidation
25th July 2023, 10:55
TwitterFacebookLinkedIn
To continue viewing RNS, please confirm that you are a Private Investor*

* A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:

  1. Obtains access to the information in a personal capacity;
  2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
  3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
  4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
  5. Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
  6. Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
RNS Number : 1330H
Adalan Ventures PLC
25 July 2023
 

Not for release or distribution, directly or indirectly, within, into or in the United States or to or for the account or benefit of persons in the United States, Australia, Canada, Japan or any other jurisdiction where such offer or sale would violate the relevant securities laws of such jurisdiction.

 

For Immediate Release

25 July 2023

Adalan Ventures Plc

("Adalan" or the "Company")

Update on timing of Share Consolidation

 

Adalan Ventures plc (the 'Company' or 'Adalan') announces an update on the timing of the share consolidation approved at the General Meeting held on 24th July 2023.

 

The Company expects that the current ISIN in relation to the Existing Ordinary Shares will be disabled and marked for expiry in CREST after market close on 27th July 2023. A new ISIN (GB00BMXTZ463) in relation to the New Ordinary Shares is expected to come into effect at 8:00 a.m. BST on 28th July 2023.

 

All Existing Ordinary Shares standing to the credit of CREST accounts are expected to be consolidated into New Ordinary Shares by 12:00 (noon) BST on 28th July 2023

 

 

Further information can be found at the corporate website:  https://adalanventures.com/

 

 

Enquiries:

 

Adalan Ventures Plc


Siro Cicconi

 

Tel: +44 (0) 73 9377 9849





Optiva Securities Limited


Vishal Balasingham

Tel: +44 (0) 20 3137 1902





 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR").

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
STRUVVRROOUBUAR ]]>
TwitterFacebookLinkedIn