UK Markets open in 10 mins

B.S.D. Crown Ltd. - Company's shares held in public hands

·1-min read

BSD Crown Ltd.

(The “Company”)


Company's shares held in public hands

Ramat Gan, 5 January 2021

"Following the Company's notification of 30 March 2020 that it was no longer in compliance with Listing Rule 14.2.2R , the Company hereby provides notice that it has been informed by the FCA that the FCA has accepted the Company's request to temporarily modify Listing Rule 14.2.2R to allow for a minimum of 16.5% of the Company's shares to be held in public hands until 3 February 2021 to allow for the Company to undertake steps to increase the level of shares held in public hands in one or more EEA states to 25% or more. At that time the Company will enter into further discussions with the FCA, but the outcome of those discussion is uncertain. They may lead to the suspension, and possibly, de-listing of the Company's shares from trading on the London Stock Exchange

The Company will update its shareholders as to any developments."

Enquiries: Joseph Williger

Active Chairman of the Board