Anglo Pacific Group PLC: Proposed Transfer of Listing Category
LONDON, UNITED KINGDOM--(Marketwired - Aug 26, 2015) - Anglo Pacific Group PLC (LSE: APF) (TSX: APY)
News Release
August 26, 2015
TSX: APY
Anglo Pacific Group PLC
Proposed transfer of listing category on the Official List from premium to standard
Anglo Pacific Group PLC ("Anglo Pacific" or the "Company") (LSE: APF) (TSX: APY), announces that, further to the announcement on December 22, 2014, the Board is seeking to transfer the Company's listing category from a premium listing as a commercial company on the Official List to a standard listing on the Official List under Rule 5.4A of the Listing Rules (the "Proposed Transfer"). It is anticipated that, subject to shareholder approval, the Proposed Transfer will take effect at 8.00 a.m. on October 16, 2015.
A circular in relation to the Proposed Transfer and a Notice of General Meeting will be sent to shareholders and will be available to view on the Company's website later today.
The circular will also be submitted to the National Storage Mechanism and will be available for inspection at: www.morningstar.co.uk/uk/NSM.
Commenting on the Proposed Transfer, Julian Treger, Chief Executive Officer to Anglo Pacific, said:
"We have been in discussions with major shareholders about the move to a Standard Listing since early 2015 and have a clear commitment, following the move, to ensure Anglo Pacific will continue to maintain high standards of corporate governance. The move will provide us with greater flexibility as we continue to grow the business, whilst still providing all current and future shareholders with a high standard of protection from being a London listed company. As a shareholder myself, I support this move and believe it is the right thing for the next stage of Anglo Pacific's development"
| For further information: | |
| Anglo Pacific Group PLC Mike Blyth - Chairman Julian Treger - Chief Executive Officer Kevin Flynn, Chief Financial Officer | +44 (0) 20 3435 7400 |
| Website: | http://www.anglopacificgroup.com/ |
| BMO Capital Markets Limited | +44 (0) 20 7664 8020 |
| Jeffrey Couch/Neil Haycock/Tom Rider/Jenny Wyllie | |
| Macquarie Capital (Europe) Limited | |
| Fergus Marcroft/Nicholas Harland/Ariel Tepperman | +44 (0) 20 3037 2000 |
| Peel Hunt LLP | |
| Matthew Armitt / Ross Allister | +44 (0) 20 7418 8900 |
To view the full version of the announcement, please click on the following link.
http://www.rns-pdf.londonstockexchange.com/rns/0841X_1-2015-8-25.pdf
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