Business
Removal from the Official List of the ASX
Removal from the Official List of the ASX.
About this update from Europa Metals Limited
[{"type":"text","content":"\n \nRNS Number : 2838S Europa Metals Ltd 08 March 2019 \n\n8 March 2019\n \nEuropa Metals Ltd\n(\"Europa Metals\", the \"Company\" or the \"Group\")(AIM/AltX: EUZ)\nRemoval from the Official List of the ASX\nEuropa Metals, the European lead-zinc explorer, announces the removal of the Company from, and the cessation of trading in its securities on, the official list of the ASX Limited (\"ASX\") (the \"Official List\"), with effect from 4.00 p.m. Australian Eastern Standard Time today.\n \nAs announced on 25 January 2019, the Company applied to the ASX and was subsequently granted approval for it to be removed from the Official List pursuant to ASX Listing Rule 17.11. The ASX has confirmed that the Company's securities will be delisted from the ASX and therefore may no longer be traded on the ASX following the close of trading today.\n \nNo change will occur to the quotation and trading of Europa Metals' shares on the AIM market operated by the London Stock Exchange plc (\"AIM\") or the AltX of the Johannesburg Stock Exchange (\"JSE\") (\"AltX\"), with the Company's primary listing being on AIM and secondary listing being on AltX going forward.\n \nImplications for holders on the Australian register following the Company's removal from the Official List are:\n \n· All Shareholders on the Australian register will have their CHESS and Issuer Sponsored holdings converted to certificated holdings following the ASX delisting. This process will occur automatically, and no action will be required by such Shareholders. The sub-register will be unlisted and accordingly the securities will not be able to be traded on the ASX;\n· In order to trade Europa Metals' securities on AIM, Shareholders on the unlisted Australian register will need to convert their Europa Metals shares into \"depository interests\" (Dls) to facilitate trading via CREST. CREST is a UK computerised paperless share transfer and settlement system which allows shares and other securities to be held in electronic rather than paper form and transferred otherwise than by written instrument. CREST is a voluntary system and those who wish to continue to hold their Europa Metals shares on the Australian register will be able to do so (although this will preclude the holder from being able to trade those Europa M...