DIAMONDCORP PLC - Delisting Of Diamondcorp From The Exchange Operated By JSE Limited

Release Date: 04/07/2017 15:09
Code(s): DMC
 
Wrap Text
Delisting Of Diamondcorp From The Exchange Operated By JSE Limited

DiamondCorp plc
JSE share code: DMC
ISIN: GB00B183ZC46
(Incorporated in England and Wales)
(Registration number 05400982)
(SA company registration number 2007/031444/10)
 (“DiamondCorp” or “the Company”)

DELISTING OF DIAMONDCORP FROM THE EXCHANGE OPERATED BY JSE LIMITED
(“JSE”)

1. Introduction

Shareholders are referred to announcements published on the Stock Exchange News Service on 10
May and 15 May 2017 respectively wherein it was advised that:

-     the appointment of Stephen Cork and Jo Milner of Cork Gully LLP as joint administrators to
      DiamondCorp plc became effective 10 May 2017.

-     pursuant to Rule 41 of the AIM Rules for Companies, the Company’s admission to trading on AIM
      was automatically cancelled with effect from 7.00 am (GMT) on 15 May 2017 after a six month
      suspension; and

-     the suspension to trading in the Company’s shares on the JSE would remain effective whilst
      discussions were being held with the JSE in order to facilitate a delisting from the Alternative
                     ”)
      Exchange (“ALTx .

      Further to this, the Issuer Regulation Division of the JSE has agreed to the removal of
                                                      
      Diamondcorp’s secondary listing status from ALTx (the Company having obtained the requisite
      approvals from the South African Reserve Bank) as the Company is no longer eligible for a listing
      on the JSE (“Delisting”).

2. Dates of the Delisting

The dates for Delisting are set out below:

    Event                                                                                          2017

    Last day to trade prior to the termination of Diamondcorp’s secondary              Tuesday, 18 July
                         
    listing status on ALTx on
                                                                                         Friday, 21 July
    Record date prior to the termination of Diamondcorp’s secondary listing
                 
    status on ALTx on
                                                                                       Monday, 24 July
                                                                    
    Termination of Diamondcorp’s secondary listing status on ALTx from
    the commencement of business on

Notes

1.          Unless otherwise indicated, all times are South African times. Any material variation of the
            above dates and times will be approved by the JSE and published on SENS.

Johannesburg
4 July 2017

Designated Advisor
Sasfin Capital (a division of Sasfin Bank Limited)

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