Dear client
We have been notified that the Hornby plc is announces the proposed voluntary cancellation of the admission of its ordinary shares of £0.01 each from trading on AIM pursuant to Rule 41 of the AIM Rules for Companies and re-registration of the Company as a private limited company.
The general meeting of the Company which is being convened for 9.00 a.m. on 1 April 2025. If the Cancellation Resolution is passed at the General Meeting, it is anticipated that the Cancellation will become effective at 7:00 a.m. on 10 April 2025. Approval of the Re-registration Resolution is conditional upon the passing of the Cancellation Resolution. If both resolutions are passed, it is anticipated that the Re-registration will become effective in the week commencing 28 April 2025.
The Company is also seeking Shareholder approval at the General Meeting for the amendment of the current articles of association of the Company (the "Current Articles"), conditional upon Re-registration, into a form appropriate for a private limited company.
The Directors have been keen to ensure that, for those Shareholders who choose to, there is an opportunity to trade out of their shareholding following, and notwithstanding, the proposed Cancellation. The Directors have agreed two different facilities to enable this: the first which allows a Shareholder to maintain an indirect interest in the Company whilst retaining transferability of shares by exchanging for shares in Castelnau; and the second which allows sales for cash.
ISIN impacted: GB00B01CZ652
Please see the below link :
https://www.londonstockexchange.com/news-article/HRN/proposed-cancellation-of-aim-listing/16938545
Please be aware there are currently no shareholders on the platform.
Kind regards
Was this article helpful?
That’s Great!
Thank you for your feedback
Sorry! We couldn't be helpful
Thank you for your feedback
Feedback sent
We appreciate your effort and will try to fix the article