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LONDON - The Financial Conduct Authority (FCA) has temporarily suspended Pristine Capital Plc’s securities from the Official List effective Friday morning, according to a regulatory announcement.
The suspension of the company’s ordinary shares (GB00BMWKKM32) began at 7:30 a.m. and was implemented at the request of the company itself, the FCA stated.
Pristine Capital’s shares are categorized as "Equity shares (shell companies)" on the Official List. The shares were previously admitted to trading on the London Stock Exchange (LON:LSEG), a Recognised Investment Exchange.
The regulatory notice, issued by the FCA’s Issuer Management department, did not provide specific reasons for the suspension request from the company.
Temporary suspensions from the Official List typically occur when companies need to address regulatory concerns, prepare significant announcements, or resolve compliance issues.
The FCA’s announcement follows standard protocol for such suspensions, which requires public notification through the Regulatory News Service (RNS) of the London Stock Exchange.
No timeline was provided for when the suspension might be lifted or what conditions would need to be met for trading to resume.
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