HKEx Listing Update and Suspension


 

TIDMWCC 
 
RNS Number : 7218Q 
West China Cement Limited 
06 August 2010 
 

West China Cement 
 
Proposed dates of De-listing from AIM and HKEx Listing and suspension of trading 
on AIM 
 
6August 2010 
 
West China Cement ("WCC" or "the Company"), a leading Cement producer in Shaanxi 
Province, China wishes to announce the proposed date of de-listing of the 
Company's ordinary shares from trading on the AIM Market of the London Stock 
Exchange (the "De-Listing"), the date of the listing of the Company's shares on 
the Hong Kong Stock Exchange ("HKEx") and that trading in the Company's shares 
will be suspended from trading on the London Stock Exchange at 7am on 11 August 
2010. 
 
Suspension From Trading 
 
In reference to the Company's announcement of 26 July 2010, given the 
highlighted settlement issues occurring as a result of the HKEx practice for 
shares to be delivered in materialised form, these shares will no longer be able 
to settle electronically as is required by Rule 36 of the AIM Rules for 
Companies. As a result, trading in the Company's shares will be suspended from 
trading on the London Stock Exchange as at 7am on 11 August 2010. As a 
consequence no trading will be possible between this date and the commencement 
of trading of the Company's shares on the HKEx. 
 
Revised Record Date 
 
As a result of the amended timetable, the Record Date will now be 4:30pm (UK) on 
13 August 2010 ("the Revised Record Date"). This allows for all trades up until 
4:30pm on 10 August 2010 to be settled prior to Revised Record Date. The HKEx 
tradable share certificates registered on WCC's Hong Kong share register will be 
sent out to shareholders to their address as set out on WCC's Jersey share 
register as at the Revised Record Date and the new Hong Kong share certificates 
will be dispatched to such registered shareholders on the day before trading 
commences on the HKEx. 
 
De-Listing from AIM and Listing on the HKEx 
 
At the Extraordinary General Meeting of the Company held on 20 July 2010, 
shareholders approved the resolutions, amongst others, to renew the authority 
granted by the shareholders for the De-listing. The timing of the De-Listing is 
contingent upon the timing of the HKEx Listing. The De-Listing is expected to 
take place at 7.00am on 23August 2010 and that the first trading day on the HKEx 
will be on the same day. 
 
The HKEx Listing and the De-listing are subject to, inter alia, the HKEx 
granting formal listing approval. 
 
Publication of updated WPIP 
 
The Company would also like to announce that it is posting an updated version of 
the web proof information pack ("WPIP") on the website of the HKEx on 9 August 
2010, and this will be available following its publication at 
www.hkexnews.hk/reports/prelist/wpip_co_list.htm and on the Company's website at 
www.westchinacement.com in the investor relations section. 
 
 
For further information, please contact: 
 
West China Cement Limited 
Po Ling Low, Tel: +86 139 1088 6649 
Anthony Schindler, Tel: +44 7710 1789 28 
 
NCB Stockbrokers Limited 
Christopher Caldwell, Tel: +44 20 7071 5200 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 STRUNUNRROAWRAR

West China (LSE:WCC)
過去株価チャート
から 10 2024 まで 11 2024