Artemis Alpha Trust PLC

Delisting Announcement • Dec 22, 2017

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RNS Number : 2678A

Artemis Alpha Trust PLC

22 December 2017

ARTEMIS ALPHA TRUST PLC 

SUBSCRIPTION SHARES - NOTICE OF SUSPENSION

In December 2010 the Company undertook a bonus issue of subscription shares of one penny each (the "Subscription Shares") on the basis of one Subscription Share for every seven ordinary shares.  The Subscription Shares confer the right to subscribe for one ordinary share, at a fixed price of 345 pence on the last business day of June and December up to and including December 2017. 

On 28 November 2017 the Company notified holders of the Subscription Shares that the final period during which they are entitled to exercise their rights ends on 29 December 2017 (the "Final Subscription Date").

To the extent that holders of the Subscription Shares have not elected to exercise their Subscription Share rights by the Final Subscription Date, a trustee will be appointed over the outstanding Subscription Shares.  In accordance with the terms of the Subscription Shares, the trustee will have to decide whether or not to exercise the outstanding rights within 14 days following the Final Subscription Date.  If the trustee decides not to exercise the outstanding shares the Subscription Share rights will lapse.  A further announcement will be made in respect of the trustee's decision in due course.

The Company has requested that the UK Listing Authority suspend the listing of the Subscription Shares from 7.30am on Tuesday, 2 January 2018 following the passing of the Final Subscription Date.  The listing of the Subscription Shares will be cancelled in due course.

For further information, please contact:

Artemis Fund Managers Limited

Company Secretary

Telephone: 0131 225 7300

22 December 2017

This information is provided by RNS

The company news service from the London Stock Exchange

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