Business
Suspension of Trading
Suspension of Trading.
About this update from T42 Iot Tracking Solutions Plc
[{"type":"text","content":"\n Catalyst New Opportunities PLC\n03 April 2006\n\n\n\n\n\n\nFOR IMMEDIATE RELEASE: 7.00 3 April 2006\n\n\n\n CATALYST NEW OPPORTUNITIES PLC ('Catalyst' or the 'Company')\n\n SUSPENSION OF TRADING\n\n\nThe shares of Catalyst have today been suspended by AIM under AIM Rule 8, which\ncame into effect on 1 April 2005 and which required an investing company to make\nan acquisition or acquisitions that constitute a reverse takeover under AIM Rule\n14 by 1 April 2006.\n\nAs announced on 31 October 2005, the Company had made significant progress in\nidentifying a potential takeover target but unfortunately the transaction was\naborted near to completion resulting in costs being incurred. At present, the\nCompany .has been in discussions with a number of potential targets, one in\nparticular; however this is at a very early stage of negotiation. Consequently,\nthe Company will update shareholders when further information becomes available.\nSuch a transaction will represent a reverse transaction under the AIM Rules and\naccordingly, when appropriate, a new AIM Admission Document will be published\nand the shares will recommence trading on AIM.\n\nIn the event that this or any other proposed reverse transaction does not take\nplace within six months, the Company's shares will be cancelled on Tuesday 3\nOctober 2006 at 7.00.\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n \n ","length":1548,"tagName":"div"}]