Notice of Cancellation and Director Deals

RNS Number : 0536U
Clarity Commerce Solutions PLC
15 December 2011
 



Clarity Commerce Solutions plc (the "Company" or "Clarity")

 

Notice of Cancellation and director deals

 

Further to the announcement by Enigmatic Investments Limited ("Enigmatic") that it now holds or has received valid acceptances of their offer in respect of a total of 31,500,840 Clarity shares, representing an aggregate of 76.04 per cent. of the issued ordinary share capital of Clarity, Clarity has, at the request of Enigmatic, applied to the London Stock Exchange for the cancellation of trading in the Clarity shares on AIM ("Cancellation").

 

It is expected that Cancellation will occur at 7.00 a.m. on 17 January 2012 after which time the Clarity shares will no longer be trading on AIM.

 

Cancellation will significantly reduce the liquidity and marketability of any Clarity shares not acquired by Enigmatic and the Board of Clarity therefore recommends to Clarity shareholders that they accept the offer by Enigmatic as they have now done in relation to their combined holdings of 1,222,098 Clarity Shares.

 

Enquiries:

 

Clarity Commerce Solutions plc


Stephen Sadler, CFO and COO

T: 01256 365 150

 

Arbuthnot Securities


Antonio Bossi / Rebecca Gordon / Paul Gillam

 

T: 020 7012 2000

 

Biddicks

Zoe Biddick/ Sophie McNulty

T: 020 3178 6378

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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