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Trafalgar Property Group PLC announced on May 30, 2024, the postponement of a circular to shareholders concerning a share reorganisation. The Company had previously stated on March 27, 2024, that this circular would be posted on or before May 31, 2024. This decision follows Trafalgar's May 29, 2024 announcement of preliminary reverse takeover discussions and the subsequent suspension of its shares from trading on AIM.
| Date | 30 May 2024 |
| Time | 07:00:14 |
| Category | Miscellaneous |
| ID | 3604Q |
Trafalgar Property Group PLC
30 May 2024
TRAFALGAR PROPERTY GROUP PLC
("Trafalgar" or the "Company")
Postponement of posting of Circular
On 27 March 2024 the Company announced that it intended to post a circular to shareholders regarding a share reorganisation on or before 31 May 2024 (the "Circular"). On 29 May 2024 the Company announced that it was in preliminary discussions regarding a potential reverse takeover and that its shares were being suspended from trading on AIM until either the publication of an admission document setting out, inter alia, details of the proposed transaction or until confirmation is given that these discussions have ceased. As a result of the potential reverse takeover transaction, the Company wishes to inform shareholders that the posting of the Circular has been postponed. Shareholders should be aware that as set out in the announcement of 29 May 2024, discussions regarding the potential reverse takeover are at a preliminary stage and there can be no certainty at this time that the proposed transaction will proceed.
Further announcements will be made as appropriate.
Ends
Enquiries:
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Trafalgar Property Group Plc Paul Treadaway |
+44 (0) 1732 700 000 |
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Spark Advisory Partners Ltd - AIM Nominated Adviser Matt Davis / Adam Dawes / Jade Bayat
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+44 (0) 20 3368 3550 |
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Peterhouse Capital Limited - Broker Duncan Vasey/Lucy Williams
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+44 (0) 20 7409 0930 |
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