LONDON - XPE Group PLC, a company incorporated in England and Wales, has announced its intention to delist its First Mortgage Debenture Stock from the London Stock Exchange (LON:LSEG) (LSE) effective 8:00 a.m. on January 16, 2025. This move follows the successful passing of an Extraordinary Resolution by the holders of the stock on Thursday.
The debenture stock, identified by ISIN GB00B1DBF788, is currently listed on the Official List of the Financial Conduct Authority (FCA) and traded on the LSE's main market for listed securities. The decision to delist is part of the company's efforts to streamline operations and improve administrative efficiencies.
Stockholders were given notice of the intended delisting, which is in compliance with UK Listing Rule 21.2.17R, requiring a minimum of 20 business days' notice. Consequently, the last day for trading the company's stock on the LSE will be January 15, 2025.
Following the delisting, it will no longer be possible to trade the stock on the LSE. Stockholders with inquiries regarding the delisting have been advised to consult their own investment advisers or brokers for further assistance.
The announcement made today is based on a press release statement and does not form part of any offer or solicitation of an offer to purchase or dispose of any securities. The distribution of this announcement may be restricted by law in certain jurisdictions, and it is the responsibility of recipients to inform themselves about and observe any such restrictions.
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