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LONDON - The Financial Conduct Authority (FCA) has enacted a temporary suspension of London Finance & Investment Group PLC’s securities from the Official List, effective today at 7:30 AM. The suspension applies to the company’s ordinary shares of 5p each, which are fully paid and listed under the Closed-ended investment funds category with the ISIN GB0002994001.
This measure follows a request by London Finance & Investment Group itself, although the reasons behind the company’s decision to seek a suspension have not been disclosed in the information provided. The suspension is intended to be temporary, but no details have been given regarding the expected duration or the specific circumstances that led to this action.
The FCA’s notice, issued by Listings Data Management, serves as a formal announcement to investors and the market. It is a standard procedure that aligns with regulatory requirements and ensures transparency in the public markets.
Investors holding securities in London Finance & Investment Group PLC should note that trading in these shares on the London Stock Exchange (LON:LSEG), a Recognised Investment Exchange, has been halted as a result of the suspension. The company’s securities are also admitted to trading on other exchanges, as denoted by various symbols in the official notice, but the current suspension specifically affects the Official List.
The FCA has not provided additional comments on the suspension, and the London Stock Exchange has not issued a separate dealing notice at this time. Market participants are advised to follow any further communications from the FCA or the London Stock Exchange for updates on the status of the suspension and any potential implications for trading.
The information for this report is based on a press release statement from the London Stock Exchange.
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