MDM Engineering Group Ltd Proposed Cancellation of Trading on AIM (5764S)
25 September 2014 - 4:01PM
UK Regulatory
TIDMMDM
RNS Number : 5764S
MDM Engineering Group Ltd
25 September 2014
25 September 2014
MDM ENGINEERING GROUP LIMITED
("MDM" or the "Company")
Proposed Cancellation of Trading on AIM
MDM Engineering Group Limited (AIM: MDM), the minerals process
and project management company focused on the mining industry in
Africa, announces that, further to its announcement on 24 September
2014, the Company has applied to have the admission of its ordinary
shares to trading on AIM cancelled ("Cancellation").
The Cancellation is conditional upon the Merger becoming
effective. The Merger remains subject to the satisfaction of the
conditions precedent outlined in the announcement of 24 September
2014.
It is expected that Cancellation will be effective from 7.00
a.m. on 23 October 2014. Accordingly, trading in the Company's
ordinary shares on AIM will cease at the close of business on 22
October 2014.
Enquiries:
MDM Engineering Group Limited
Martin Smith (CEO)
George Bennett (Executive Director)
Tel: +27 (0) 11 993 4300
Canaccord Genuity Limited
NOMAD and Broker
Neil Elliot
Chris Fincken
Tel: +44 (0)20 7523 8000
Tavistock Communications
Financial Public Relations and Investor
Emily Fenton
Jos Simson
Tel: +44 (0)20 7920 3150
KEY INFORMATION:
MDM:
MDM Engineering Group Limited is a minerals process and project
management company focused on the mining industry. The Company
provides a wide range of services from preliminary and final
feasibility studies, through to plant design, construction and
commissioning. To date, the Company's clients have largely been
junior and mid-tier mining corporations with operations in
Africa.
The MDM Engineering core technical team has a 25 year track
record of completing a wide range of studies and execution projects
across a variety of minerals, including precious metals, base
metals, ferrous and non-ferrous metals, uranium and diamonds.
The Company has adopted an approach to project execution based
on an open-book Engineering, Procurement, and Construction
Management "EPCM" or "cost-plus" basis and on a Engineering,
Procurement and Construct (EPC) basis. With a core focus on Africa,
MDM Engineering is setting the benchmark standard for best practice
in the mining services industry through its commitment to providing
the highest quality services and actively engaging with clients to
ensure maximum transparency.
www.mdm-engineering.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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