LONDON - The Financial Conduct Authority (FCA) has announced the temporary suspension of Rockpool Acquisitions Plc's ordinary shares from the Official List, with immediate effect as of this morning. The suspension was initiated at the request of the company itself.
The securities affected by this suspension are the ordinary shares of GBP 0.05 each, which are categorized under equity shares for shell companies, and bear the International Securities Identification Number (ISIN) GB00BF2MWC40. This action removes the shares from trading on the London Stock Exchange (LON:LSEG) and other Recognised Investment Exchanges where they were previously listed.
The FCA's notice, issued by the Issuer Management division, did not provide specific reasons for the suspension. However, temporary suspensions can often occur due to pending announcements or financial irregularities that need to be addressed before trading can safely resume. The FCA's role as a regulator includes ensuring fair and transparent market activity, and suspensions are a tool used to maintain order and investor confidence in the market.
The London Stock Exchange's SEDOL number for Rockpool Acquisitions, which serves as a unique identifier for the securities, can be found on their dealing notice. The FCA's notice must be read in conjunction with statements from the relevant Recognised Investment Exchanges regarding the admission of securities for trading on their markets.
Investors holding shares in Rockpool Acquisitions Plc will be unable to trade their shares until the suspension is lifted. The duration of the suspension and the conditions for its lifting have not been disclosed at this time.
This development is based on a press release statement and serves as an important update for shareholders and potential investors. It is a reminder of the regulatory oversight present in financial markets, designed to safeguard the interests of the investing public.
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