Proposed Delisting from AIM


 

TIDMAD. 
 
RNS Number : 6794A 
ADL PLC 
13 October 2009 
 

ADL plc 
 
 
Proposed Delisting from AIM 
 
 
On 29 September 2009, ADL plc ("ADL" or "the Company"), the provider of personal 
care to the residents of care homes it owns or operates in the UK, announced in 
its results for the year ended 31 March 2009 that a resolution will be proposed 
at the AGM on 26 October 2009 to delist the entire issued share capital of ADL 
from AIM. It further announced that irrevocable undertakings had been received 
in respect of 83.66% of total share in issue to vote in favour of the 
resolution. 
 
 
Pursuant to this announcement, ADL has today notified the London Stock Exchange 
that it intends to cancel the admission of the entire issued share capital of 
ADL from trading on AIM.  Cancellation is conditional only on the relevant 
resolution being successfully passed at the AGM. 
 
 
The cancellation of trading of ADL shares on AIM is expected to take effect at 
7.00 a.m. on 11 November 2009, being not less than 20 business days from the 
date of the notice submitted to the London Stock Exchange. 
 
 
ADL has appointed its nominated adviser WH Ireland Limited, to advise on 
appropriate ways the Company may consider to enable the minority shareholders to 
realise their investments. 
 
 
 
 
ENQUIRIES 
 
 
 
 
+-----------------------------------------+-----------------------------------------+ 
| Contacts:                               |                                         | 
+-----------------------------------------+-----------------------------------------+ 
|                                         |                                         | 
+-----------------------------------------+-----------------------------------------+ 
| ADL plc                                 |                       www.adlcare.co.uk | 
+-----------------------------------------+-----------------------------------------+ 
| Jeremy Davies, Managing Director        |                    +44 (0) 844 967 0944 | 
+-----------------------------------------+-----------------------------------------+ 
|                                         |                                         | 
+-----------------------------------------+-----------------------------------------+ 
| WH Ireland Limited                      |                    www.wh-ireland.co.uk | 
+-----------------------------------------+-----------------------------------------+ 
| John Wakefield / Marc Davies            |                    +44 (0) 117 945 3470 | 
+-----------------------------------------+-----------------------------------------+ 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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