Statement re Cancellation of Listing
07 Setembro 2009 - 5:00AM
UK Regulatory
TIDMGEX
Glencar Mining plc
Cancellation of Listing
7 September 2009
Glencar Mining plc ("Glencar" or the "Company") announces that,
following the Offer by Gold Fields Metal BV becoming unconditional
earlier today, the admission of the Glencar's Shares to trading on
AIM and IEX will be cancelled with effect from 7.00 a.m. on Monday
5th October 2009 as Gold Fields intends to apply the provisions of
section 204 of the Companies Act, 1963 to acquire compulsorily any
Glencar Shares not acquired or agreed to be acquired pursuant to the
Offer or otherwise on the same terms as the Offer.
Following the cancellation of admission to AIM and IEX, the Company
will no longer be obliged to announce material events. However, the
Company will continue to comply with applicable statutory
requirements and the Company's articles.
Following the de-listing there will be no market facility for dealing
in Glencar Shares. Gold Fields intends to apply the provisions of
section 204 of the Companies Act, 1963 to acquire compulsorily any
Glencar Shares not acquired or agreed to be acquired pursuant to the
Offer or otherwise on the same terms as the Offer.
For further information, please contact:
Ivan Murphy/Brian Corr
Davy Corporate Finance (Nomad and IEX Adviser)
Tel: +353 (1) 679 6363
The Directors of Glencar Mining plc accepts responsibility for the
information contained in this announcement. To the best of their
knowledge and belief (having taken all reasonable care to ensure that
such is the case), the information contained in this announcement for
which they take responsibility is in accordance with the facts and
does not omit anything likely to affect the import of such
information.
Davy Corporate Finance, which is regulated by the Financial
Regulator, is acting exclusively for Glencar Mining plc and no one
else in connection with the Offer and will not be responsible to
anyone other than Glencar Mining plc for providing the protections
afforded to clients of Davy Corporate Finance nor for providing
advice in relation to the Offer.
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This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.
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