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LONDON - The Financial Conduct Authority (FCA) has announced the temporary suspension of TI Fluid (LON:TIFS) Systems plc’s ordinary shares from the Official List, effective today at 7:30 AM. The suspension was enacted at the company’s request, affecting securities with the ISIN GB00BYQB9V88.
TI Fluid Systems, a company that specializes in automotive fluid systems, has seen its fully paid ordinary shares of GBP 0.01 each withdrawn from trading on the London Stock Exchange (LON:LSEG), where it is recognized as a commercial company.
The London Stock Exchange issued a dealing notice with the relevant SEDOL numbers, which serve as a unique identifier for the securities. The suspension notice, released by the Issuer Management division of the FCA, did not disclose the reasons behind TI Fluid Systems’ decision to request the halt in trading.
Investors holding shares in TI Fluid Systems will be unable to trade their shares on the London Stock Exchange following this suspension. The FCA’s notice also indicates that the suspension applies to the company’s listing category of equity shares.
The temporary suspension of TI Fluid Systems’ securities from the Official List is a regulatory measure, and the FCA has not provided additional details regarding the duration of the suspension or the circumstances that led to the company’s request.
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 provide primary information in the United Kingdom (TADAWUL:4280). The terms and conditions related to the use and distribution of this information are subject to specific regulations.
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