Business
Cancellation of trading on AI
Cancellation of trading on AI.
About this update from Foresight Group Holdings Ltd.
[{"type":"text","content":"\n RNS Number : 8858A Focus Solutions Group PLC 08 February 2011 \n \n\n \n \n\n\n\n\nPress Release \n\n\n8 February 2011\n\n\n\n\nFocus Solutions Group plc\n(\"Focus\" or \"the Group\")\nCancellation of trading on AIM \nFocus announces that further to the statement made by the Group on 17 January 2011 regarding the intention to de-list its ordinary shares from trading on AIM, the Group today announces that its admission to trading on AIM will be cancelled with effect from 7 a.m. on 9 February 2011 (the \"Cancellation\") and that in accordance with Rule 41 of the AIM Rules, the Group has notified the London Stock Exchange of the Cancellation. The Cancellation follows the announcement by Standard Life plc (\"Standard Life\") on 11 January 2011 that the recommended cash offer for Focus by Standard Life has been declared wholly unconditional. \n \nAfter the cancellation of trading, Focus will be re-registered as a private company under the relevant provisions of the Companies Act 2006.\n \nFocus shareholders who have not accepted the offer should note that cancellation is likely to reduce significantly the liquidity and marketability of Focus shares not acquired under the offer. Once cancellation has taken effect, Focus shareholders will no longer be able to effect transactions in Focus shares on AIM.\n \nFor further information:\n\n\n\n\nFocus Solutions Group plc\n\n\n\n\n\n\n\nRichard Stevenson, Chief Executive \n\n\nTel: +44 (0) 1926 468300\n\n\n\n\nMartin Clements, Finance Director\n\n\nwww.focus-solutions.co.uk\n\n\n\n\nfinnCap\n\n\n\n\n\n\n\nMarc Young / Charlotte Stranner\n\n\nTel: +44 (0) 20 7600 1658\n\n\n\n\nSimon Starr (broking)\n\n\n\n\n\n\n\n\n\n\nwww.finncap.com\n\n\n\n\nMedia enquiries:\n\n\n\n\nAbchurch\n\n\n\n\n\n\n\nJoanne Shears / Mark Dixon\n\n\nTel: +44 (0) 20 7398 7709\n\n\n\n\[email protected]\n\n\nwww.abchurch-group.com \n\n\n\n\n \nNotes to editors:\nAbout Focus Solutions Group plc\nFocus Solutions is an established and proven supplier of multi-channel distribution solutions to the global financial services industry. \n \nFocus has delivered over 100 complex front office projects with multiple integration points and partners to a blue chip client base including 8 out of the top 10 UK Life & Pension providers, a number of leading bancassurers inclu...