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Globus Maritime Limited, a marine transportation company with subsidiaries that own and operate dry bulk vessels, announces the timetable for the cancellation of trading of its shares (GLBS.L) on AIM.
As announced earlier today, the Company has filed a resale registration statement on Form F-1 with the U.S. Securities and Exchange Commission (“SEC”).
The Company also announced that its common shares have been approved for listing on the NASDAQ Global Market upon notice of effectiveness of the Company’s registration statement following the Company’s redomiciliation into the Marshall Islands.
The Company’s common shares will trade under the ticker symbol “GLBS” (NASDAQ:GLBS).
The expected effective date for the delisting of the shares on AIM will be 7:00 a.m. UK time on November 25, 2010.
As previously announced, the trading in the shares of the Company on AIM will be suspended on the day preceding the day of cancellation of the AIM listing.
The Company confirms that suspension of trading in the shares will be affected at 7.30 a.m. UK time on November 24, 2010.
Consequently, the last day of trading of the Company’s shares on the AIM is today, November 23, 2010.
To effectuate the delisting of shares from AIM and the listing on a U.S. stock exchange, the Company will instruct its current registrar to transfer the Company’s share register to its U.S. counterpart, who will create the necessary accounts.
Each record holder will receive a statement after completion of these transfers.
Current share certificates will no longer represent shares in the Company following the Company’s redomiciliation into the Marshall Islands. Shares of the Company after such time will be recorded exclusively on the books of the transfer agent or registrar for such shares.
Earlier the company announced that it filed a resale registration statement on Form F-1 with the U.S. Securities and Exchange Commission (“SEC”) on Monday November 22, 2010. The filing can be found on the SEC’s website, www.sec.gov.
The resale registration statement, once declared effective by the SEC, will allow the selling shareholders named in the registration statement to publicly resell their registered shares as
described in the registration statement.
The registration statement was filed on behalf of the named selling shareholders, and the Company will not receive any proceeds from the resale of the shares.
Shareholders not named in such registration statement will be able to sell their shares publicly subject to compliance with Rule 144 under the Securities Act of 1933 and other applicable U.S. securities laws.
The Company also announces that it has been notified that its shares have been approved for listing on the NASDAQ Global Market upon notice of effectiveness of the company’s registration statement.
The Company’s shares will trade on NASDAQ under the ticker symbol “GLBS.” The Company also expects that its listing on the Alternative Investment Market will be cancelled on the day after the Company redomiciles into the Marshall Islands and the effectiveness of its registration statement.
Source: Globus Maritime Limited
http://www.globusmaritime.gr/pdf/globus_2010-11-23_1290520169.pdf
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http://www.globusmaritime.gr/home.html
Globus Maritime Limited, a marine transportation company with subsidiaries that own and operate dry bulk vessels, announces the timetable for the cancellation of trading of its shares (GLBS.L) on AIM.
As announced earlier today, the Company has filed a resale registration statement on Form F-1 with the U.S. Securities and Exchange Commission (“SEC”).
The Company also announced that its common shares have been approved for listing on the NASDAQ Global Market upon notice of effectiveness of the Company’s registration statement following the Company’s redomiciliation into the Marshall Islands.
The Company’s common shares will trade under the ticker symbol “GLBS” (NASDAQ:GLBS).
The expected effective date for the delisting of the shares on AIM will be 7:00 a.m. UK time on November 25, 2010.
As previously announced, the trading in the shares of the Company on AIM will be suspended on the day preceding the day of cancellation of the AIM listing.
The Company confirms that suspension of trading in the shares will be affected at 7.30 a.m. UK time on November 24, 2010.
Consequently, the last day of trading of the Company’s shares on the AIM is today, November 23, 2010.
To effectuate the delisting of shares from AIM and the listing on a U.S. stock exchange, the Company will instruct its current registrar to transfer the Company’s share register to its U.S. counterpart, who will create the necessary accounts.
Each record holder will receive a statement after completion of these transfers.
Current share certificates will no longer represent shares in the Company following the Company’s redomiciliation into the Marshall Islands. Shares of the Company after such time will be recorded exclusively on the books of the transfer agent or registrar for such shares.
Earlier the company announced that it filed a resale registration statement on Form F-1 with the U.S. Securities and Exchange Commission (“SEC”) on Monday November 22, 2010. The filing can be found on the SEC’s website, www.sec.gov.
The resale registration statement, once declared effective by the SEC, will allow the selling shareholders named in the registration statement to publicly resell their registered shares as
described in the registration statement.
The registration statement was filed on behalf of the named selling shareholders, and the Company will not receive any proceeds from the resale of the shares.
Shareholders not named in such registration statement will be able to sell their shares publicly subject to compliance with Rule 144 under the Securities Act of 1933 and other applicable U.S. securities laws.
The Company also announces that it has been notified that its shares have been approved for listing on the NASDAQ Global Market upon notice of effectiveness of the company’s registration statement.
The Company’s shares will trade on NASDAQ under the ticker symbol “GLBS.” The Company also expects that its listing on the Alternative Investment Market will be cancelled on the day after the Company redomiciles into the Marshall Islands and the effectiveness of its registration statement.
Source: Globus Maritime Limited
http://www.globusmaritime.gr/pdf/globus_2010-11-23_1290520169.pdf
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http://www.globusmaritime.gr/home.html
