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LONDON - The Financial Conduct Authority (FCA) has temporarily suspended R8 Capital Investments plc from the Official List effective Wednesday morning, according to a regulatory notice.
The suspension of the company’s ordinary shares was implemented "in order to protect investors pending clarification of the situation by the Company and publication of its annual financial report," the FCA stated in its announcement.
The regulatory action was taken pursuant to DTR 4.1R, which relates to requirements for annual financial reporting. The suspension took effect at 7:30 a.m. UK time.
R8 Capital Investments’ ordinary shares, which trade under ISIN GB00BKX8NT01, are listed in the "Equity shares (shell companies)" category on the London Stock Exchange (LON:LSEG).
The FCA did not provide specific details about the circumstances leading to the delay in the company’s annual financial report or when the suspension might be lifted.
The temporary suspension will remain in place until the company addresses the FCA’s concerns and publishes its required financial documentation.
The information was disclosed in a regulatory news service announcement issued by the FCA’s Issuer Management division.
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