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Mi-Pay Group plc (MPAY) Ord 10p

Sell:1.10p Buy:1.40p 0 Change: 0.1p (7.41%)
Market closed Prices as at close on 20 January 2020 Prices delayed by at least 15 minutes | Switch to live prices |
Delisting

Mi-Pay Group plc Ord 10p

Type:
Delisting
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 2 Jan 2020)

What is happening?

 

The Board of Mi-Pay Group plc has announced proposals to cancel the Company’s Ordinary shares from trading on AIM (Alternative Investment Market). It is expected that the Company’s shares will be delisted with effect from the close of business on 3 February 2020.

 

The Company are also proposing to Wind up the Company by placing members into a voluntary liquidation and appointing a liquidator subject to approval at the second Annual General Meeting will be on 4 February 2020.

 

Why is this happening?

 

“Subject to passing the Disposal Resolution and following the completion of the Disposal, the Company will no longer have any trading operations and the Board has determined that it would be in the best interests of Shareholders to return the net cash resources of the Company resulting from the Disposal to Shareholders. To facilitate any such distribution of cash to Shareholders, the Directors propose to seek cancellation of the Ordinary Shares from trading on AIM. (Source: Shareholder Circular 23 December 2019)

 

Important information for holders of Mi-Pay Group plc shares within a Stocks & shares ISA

 

Please note under HMRC rules unlisted shares are not eligible to be held within a Stocks & shares ISA. As a result, if the delisting become effective, any holding of Mi-Pay Group plc shares within a Stocks & shares ISA will need to be removed within 30 days of the effective date of the delisting.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown Clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
Sell:1.10p
Buy:1.40p
Change: 0.1p (7.41%)
Market closed Prices as at close on 20 January 2020 Prices delayed by at least 15 minutes | Switch to live prices |
Delisting

Mi-Pay Group plc Ord 10p

Type:
Delisting
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 2 Jan 2020)

What is happening?

 

The Board of Mi-Pay Group plc has announced proposals to cancel the Company’s Ordinary shares from trading on AIM (Alternative Investment Market). It is expected that the Company’s shares will be delisted with effect from the close of business on 3 February 2020.

 

The Company are also proposing to Wind up the Company by placing members into a voluntary liquidation and appointing a liquidator subject to approval at the second Annual General Meeting will be on 4 February 2020.

 

Why is this happening?

 

“Subject to passing the Disposal Resolution and following the completion of the Disposal, the Company will no longer have any trading operations and the Board has determined that it would be in the best interests of Shareholders to return the net cash resources of the Company resulting from the Disposal to Shareholders. To facilitate any such distribution of cash to Shareholders, the Directors propose to seek cancellation of the Ordinary Shares from trading on AIM. (Source: Shareholder Circular 23 December 2019)

 

Important information for holders of Mi-Pay Group plc shares within a Stocks & shares ISA

 

Please note under HMRC rules unlisted shares are not eligible to be held within a Stocks & shares ISA. As a result, if the delisting become effective, any holding of Mi-Pay Group plc shares within a Stocks & shares ISA will need to be removed within 30 days of the effective date of the delisting.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown Clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
Sell:1.10p
Buy:1.40p
Change: 0.1p (7.41%)
Market closed Prices as at close on 20 January 2020 Prices delayed by at least 15 minutes | Switch to live prices |
Delisting

Mi-Pay Group plc Ord 10p

Type:
Delisting
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 2 Jan 2020)

What is happening?

 

The Board of Mi-Pay Group plc has announced proposals to cancel the Company’s Ordinary shares from trading on AIM (Alternative Investment Market). It is expected that the Company’s shares will be delisted with effect from the close of business on 3 February 2020.

 

The Company are also proposing to Wind up the Company by placing members into a voluntary liquidation and appointing a liquidator subject to approval at the second Annual General Meeting will be on 4 February 2020.

 

Why is this happening?

 

“Subject to passing the Disposal Resolution and following the completion of the Disposal, the Company will no longer have any trading operations and the Board has determined that it would be in the best interests of Shareholders to return the net cash resources of the Company resulting from the Disposal to Shareholders. To facilitate any such distribution of cash to Shareholders, the Directors propose to seek cancellation of the Ordinary Shares from trading on AIM. (Source: Shareholder Circular 23 December 2019)

 

Important information for holders of Mi-Pay Group plc shares within a Stocks & shares ISA

 

Please note under HMRC rules unlisted shares are not eligible to be held within a Stocks & shares ISA. As a result, if the delisting become effective, any holding of Mi-Pay Group plc shares within a Stocks & shares ISA will need to be removed within 30 days of the effective date of the delisting.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown Clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Performance

Not available for this stock.

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