Expiry of Regulation S restrictions period
17 Março 2009 - 1:08PM
UK Regulatory
TIDMHIP
RNS Number : 0066P
HipCricket, Inc.
17 March 2009
HipCricket, Inc. (the "Company")
Expiry of Regulation S restrictions period
The Company notes that the 1 year period for the restrictions imposed on all
shares of common stock of US$0.01 each in the Company (CUSIP No. U4331P103 and
ISIN No. USU4331P1031) pursuant to Regulation S of the US Securities Act, 1933,
as amended, (the "Reg S Restrictions") expired on 27 November 2008. As a result,
the shares can now be sold in the US, if the holder wishes to do so.
Application has been made for the 'Reg S' tag to be removed from the trading
line in the Company's shares of common stock on the London Stock Exchange and
the shares are expected to be admitted to trading on AIM without the 'Reg S' tag
as from 23 March 2009. The CUSIP and ISIN numbers will remain unchanged
The Company will be writing to all holders of shares of common stock who have
been issued with share certificates containing the Reg S Restrictions legend
explaining how they can exchange their existing share certificates for new share
certificates without the Reg S Restrictions legend. This will be done at the
Company's own expense provided the existing share certificates are delivered for
exchange by 30 April 2009.
Notwithstanding the removal of the Reg S Restrictions legend, new share
certificates will continue to include the existing legend setting out the
restriction restricting transfers of shares in the Company that would result in
there being 500 or more shareholders of record in the Company (or such other
number as would require the Company to register its shares under the US
Securities Exchange Act, 1934, as amended), as well as the existing legend
setting out the restriction restricting transfers of shares in the Company into
the United States absent a valid exemption from the registration requirements of
the US Securities Act, 1933, as amended.
For further information, please contact:-
+----------------------------+------------------------------+--------------------+
| HipCricket, Inc. | Jeff Hasen, Chief Marketing | +1 425 452 1111 |
| | Officer | |
+----------------------------+------------------------------+--------------------+
| Collins Stewart Europe | Hugh Field | +44 (0) 20 7523 |
| Limited | | 8000 |
+----------------------------+------------------------------+--------------------+
| Parkgreen Communications | Paul McManus | +44 (0) 20 7933 |
| | | 8780 |
| | | +44 (0) 7980 541 |
| | | 893 |
+----------------------------+------------------------------+--------------------+
- Ends -
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCGUUQUWUPBGQM
Hipcricket (LSE:HIP)
Gráfico Histórico do Ativo
De Nov 2024 até Dez 2024
Hipcricket (LSE:HIP)
Gráfico Histórico do Ativo
De Dez 2023 até Dez 2024
Notícias em tempo-real sobre Hipcricket da Bolsa de Valores de Londres bolsa de valores: 0 artigos recentes
Mais Notícias de HipCricket, Inc.