Acadia Healthcare shares fall as guidance midpoint falls below estimates
LONDON - The Financial Conduct Authority (FCA) has announced the temporary suspension of Grand Vision Media Holdings PLC’s ordinary shares from the Official List as of Thursday morning. The suspension, which took effect at 7:30 AM today, was initiated at the request of the company itself.
The affected securities are ordinary shares of 10p each, fully paid with the ISIN GB00BDHBGL97, which fall under the equity shares (transition) listing category. This action means that these shares are currently not tradable on the London Stock Exchange (LON:LSEG), where they were previously listed and admitted to trading.
The FCA’s Issuer Management team, which can be reached at 020 7066 8352, issued the notice. However, no specific reason for the suspension has been disclosed in the statement.
It’s important for investors to note that a suspension does not necessarily indicate wrongdoing by the company. The suspension could be due to a variety of reasons, including the need for the company to disseminate material information to the public, pending an announcement that could affect share prices, or for regulatory compliance issues.
The London Stock Exchange also assigns SEDOL numbers as identifiers, which can be found on their dealing notices. The FCA’s notices regarding admissions of securities to the Official List must be read in conjunction with those issued by the relevant Recognised Investment Exchange concerning admissions of securities to trading on its markets.
The information regarding the suspension is based on a press release statement from the London Stock Exchange’s news service, RNS, which is approved by the FCA to act as a Primary Information Provider in the United Kingdom (TADAWUL:4280). Terms and conditions relating to the use and distribution of this information may apply. For investors and market watchers, the temporary suspension of Grand Vision Media Holdings PLC’s shares will be a development to monitor closely, as they await further details from the company or the regulatory authorities.
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