Business
Admission to the Official Lis
Admission to the Official Lis.
About this update from Mears Group Plc
[{"type":"text","content":"\n RNS Number : 8442W Mears Group PLC 16 June 2008 \n \nMears Group PLC ('Mears' or the 'Company') \nAdmission of the Company's ordinary shares to the Official List and to trading on the London Stock Exchange's market for listed securities\n \n \nMears 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. \n \nAs 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. \n \nThe 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: \n \nFinancial Services Authority, 25 The North Colonnade, Canary Wharf, \nLondon E14 5HS \n\n \nEnquiries: \nMears Group PLC \nBob Holt, Chief Executive tel: 07778 798 816 \nAndrew Smith, Finance Director &nb...