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On 03 September 2025, GS Chain PLC noted the expiry of transitional provisions under UK Listing Rule (UKLR) 13 on 29 July 2025. UKLR 13 requires listed shell companies to complete an initial transaction within 24 months from 30 July 2025 and to amend their constitutions. GS Chain PLC will propose these necessary amendments to its articles of association at its next annual general meeting or an earlier general meeting of shareholders.
| Date | 3 Sept 2025 |
| Time | 15:57:18 |
| Category | Corporate updates |
| ID | 9008X |
THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY THE COMPANY TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION (EU) NO. 596/2014, AS AMENDED WHICH, BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, FORMS PART OF UK LAW. ON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE ("RIS"), THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.
GS CHAIN PLC
("GS Chain" or the "Company")
Update to Listing Rules for Shell Companies
Further to recent changes to the UK Listing Rules (UKLR) relating to listed shell companies, GS Chain PLC notes that the transitional provisions under UKLR 13 expired on 29 July 2025.
UKLR 13 requires a listed shell company to complete an initial transaction within 24 months from 30 July 2025, extendable by shareholder approval. To give effect to these provisions, companies are required to amend their constitutions to include the relevant timeframes.
GS Chain will propose the necessary amendments to its articles of association at the next annual general meeting or, if held earlier, at a general meeting of shareholders.
The Company will update shareholders on these matters as they develop.
For further information please contact:
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GS Chain plc
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Leon Filipovic, Executive Chairman |
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Bowsprit Partners Limited, Financial Adviser |
+44 (0) 203 833 4430 |