Suspension of the listing and trading of Island Hotels Group Holdings plc
The following is an announcement issued by the Listing Authority pursuant to the Listing Rules Extension of period of Suspension of Listing and Trading
Following a mandatory bid launched by International Hotel Investments plc. ‘IHP for the entire shareholding of Island Hotels Group Holdings plc. ‘IHGH’, the remaining balance of 0.32% of the issued share capital of IHGH resulted after the closing of the offer period of the Bid. These shares are subject to the squeeze out process as described in the offer document.
In view that IHGH can no longer satisfy the conditions for admissibility to listing in terms of the Listing Rules the Listing Authority has decided to suspend the listing and trading of Island Hotels Group Holdings plc. shares, namely: MT0000480104 Island Hotels Group Holdings p.l.c. — Ordinary Shares €1.00 with immediate effect.28th August 2015.
The suspension wil be in effect for a period of 10 working days.