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Thursday February 2, 2017
Northacre PLC, announces that a matched bargain facility has been put in place in order to facilitate trading in the Company's Ordinary Shares pursuant to the Company's cancellation of admission of its Ordinary Shares to trading on AIM on 12 January 2016 (the "Cancellation").
In addition, the major shareholder of the Company, Spadille Limited, advises that its previously announced order to purchase Ordinary Shares in the market at a price of 100 pence per Ordinary Share remains in place on Asset Match following the Cancellation. This order is a 35 per cent. premium to the closing mid-market price on 8 December 2016, being the day prior to the announcement of the Cancellation.
For more information, or for shareholders who wish to dispose of their shares in Northacre, please click on the link or contact Asset Match directly on the contact details provided.
For further information, please contact:
Klas Nilsson, Non-Executive Chairman
Niccolò Barattieri di San Pietro (Chief Executive Officer)
+44 (0) 20 7349 8000
+44 (0) 20 7248 2788
The RNS announcement can be found here.