Admission to the Official Lis

RNS Number : 8442W
Mears Group PLC
16 June 2008
 



Mears Group PLC ('Mears' or the 'Company') 

Admission of the Company's ordinary shares to the Official List and to trading on the London Stock Exchange's market for listed securities

 

 

Mears has today published its prospectus in connection with the proposed listing of its ordinary shares on the Official List of the UK Listing Authority and admission to trading on the London Stock Exchange's market for listed securities ('Admission'). In addition, application for admission of the Company's ordinary shares has been made to the PLUS-Listed Market ('PLUS'). It is expected that Admission will become effective and that dealings on the London Stock Exchange's main market and on PLUS will commence at 8.00 a.m. on Monday 23 June 2008. The Company's ordinary shares will be simultaneously cancelled on AIM. 

 

As previously announced, the Directors now believe that the Company has reached a size where admission of its shares to listing on the Official List of the UK Listing Authority and to trading on the London Stock Exchange will benefit the Company by providing greater liquidity in its shares, and a higher profile with its investors and customer base. The listing will not raise new money for the Company and does not affect the holdings of existing shareholders of the Company. The Company's RIC code will continue to be MER and, on Admission, there will be 73,620,041 ordinary shares in issue. 

 

The prospectus is available for inspection on the Company's website at www.mearsgroup.co.uk. The prospectus has also been submitted to the UKLA and will shortly be available for inspection at the UKLA's Document Viewing Facility, which is situated at: 

 

Financial Services Authority, 25 The North Colonnade, Canary Wharf, 

London E14 5HS 


 

Enquiries: 

Mears Group PLC 

Bob Holt, Chief Executive                         tel: 07778 798 816 

Andrew Smith, Finance Director                    tel: 07712 866 461 

www.mearsgroup.co.uk 


Threadneedle Communications 

Trevor Bass/Alex White                            tel: 020 7936 9666 


Nominated adviser and sponsor to Mears Group PLC - Investec 

Keith Anderson/Daniel Adams                       tel: 020 7597 5970 


Hansard Group 

John Bick                                         tel: 07872 061007 

 


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