Inactive Instrument

Tau Capital plc

Equities

IM00B1VVFG94

Tau Capital : Statement re suspension of shares

April 23, 2019 at 02:19 am EDT

RNS Number : 6986W

Tau Capital PLC

23 April 2019

Tau Capital plc

("Tau" or "the Company")

Statement re suspension of shares

Tau Capital plc confirms that trading in the Company's ordinary shares on AIM will be suspended with effect from 7:30 a.m. UK time today.

As previous indicated, the Company is classiﬁed as an AIM Rule 15 cash shell and as such was required to make an acquisition or acquisitions which constitutes a reverse takeover under AIM Rule 14 ("Reverse Takeover") or be re-admitted to trading on AIM as an investing company under the AIM Rules (which requires the raising of at least £6 million) on or before the date falling six months from 18 October 2018, failing which, the Company's ordinary shares would then be suspended from trading on AIM pursuant to AIM Rule 40, which is to occur at 7:30 a.m. UK time today.

Trading in the Company's ordinary shares will remain suspended until the completion of a Reverse Takeover, which requires the publication of an admission document and the approval of such a transaction at a general meeting of the Company, or the Company is re-admitted to trading on AIM as an investing company under the AIM Rules. If no such transaction is completed within six months the Company's shares will be cancelled from trading on AIM pursuant to AIM Rule 41.

Further information, please contact:
FIM Capital Limited	Tel: +44	(0)	1624 681250
Philip Scales
Nominated Adviser and joint-broker	Tel: +44	(0)	20 3328 5656
Allenby Capital
John Depasquale / Alex Brearley
Joint-broker	Tel: +44	(0) 20 7469 0930
Peterhouse Capital Limited
Lucy Williams / Eran Zucker

ENDS

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.comor visit www.rns.com.

END

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Tau Capital plc published this content on 23 April 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 23 April 2019 06:18:17 UTC

Latest news about Tau Capital plc

Tau Capital plc Announces Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2019	19-09-02	CI
Tau Capital plc Announces Final Earnings Results for the Year Ended December 31, 2018	19-06-27	CI
Tau Capital plc Announces Directorate Changes	19-04-12	CI
Tau Capital plc Announces Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2018	18-09-28	CI
Tau Capital plc Reports Earnings Results for the Full Year Ended December 31, 2017	18-09-17	CI
Tau Capital plc Reports Unaudited Earnings Results for the Six Months Ended June 30, 2017	17-09-29	CI
Tau Capital plc Reports Audited Consolidated Earnings Results for the Year Ended December 31, 2016	17-06-30	CI
Tau Capital plc Reports Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2016	16-09-30	CI
Tau Capital plc Reports Audited Consolidated Earnings Results for the Year Ended December 31, 2015	16-06-30	CI
Tau Capital plc Announces Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2015	15-09-30	CI
Tau Capital plc Reports Audited Consolidated Earnings Results for the Year Ended December 31, 2014	15-06-10	CI
Tau Capital plc Announces Unaudited Company Earnings Results for the Six Months Ended June 30, 2014	14-09-29	CI
Tau Capital plc's Equity Buyback announced on April 24, 2014 has closed with $5.5 million.	14-07-21	CI
Tau Capital plc Reports Consolidated Earnings Results for the Year Ended December 31, 2013	14-06-27	CI
Tau Capital plc announces an Equity Buyback for $5.5 million.	14-04-23	CI
Tau Capital plc authorizes a Buyback Plan.	14-03-06	CI
Tau Capital plc Announces Board Changes	14-01-06	CI
Tau Capital Plc’s Equity Buyback announced on September 6, 2013 has expired.	13-10-14	CI
Tau Capital plc Announces Unaudited Consolidated Earnings Results and Company Cash Flow Results for the Six Months Ended June 30, 2013	13-09-30	CI
Tau Capital plc announces an Equity Buyback	13-09-05	CI
Tau Capital plc Reports Consolidated Earnings Results for the Year Ended December 31, 2012	13-05-14	CI
Tau Capital plc Appoints Graham Smith as Non-Executive Director	13-04-10	CI
Robert M Brown Iii Resigns as Director of Tau Capital plc	13-04-02	CI
Tau Capital plc Announces Resignation of Nicholas Paris as Director	13-03-06	CI
Tau Capital Plc’s Equity Buyback has expired	13-02-18	CI

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Company Profile

Tau Capital plc is a closed-end investment company. The Company allows investors the opportunity to realize returns through investing in both public and private businesses that are established in, operating in or have exposure to Kazakhstan. Although Kazakhstan focused, the Company also sought investment opportunities in the Kyrgyz Republic, Uzbekistan, Turkmenistan, Tajikistan, Mongolia and Russia (the Investment Countries). The Company's investments are held by various subsidiaries, Tau (Cayman) L.P. and Tau SPV 1 Cooperatief W.A. Capitalgate Securities Limited is its investment advisor.

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