CSE: Transfer of Alliance in Special Characteristics Market
7/11/2008 13:16
The CSE Council decided to transfer the titles of Alliance International Reinsurance Public Company Ltd from the Parallel Market to the Special Characteristics Market after the result of the Public Offer of Flagstone Reassurance Suisse SA to the shareholders of Alliance Reinsurance Public Company Ltd, pursuant to Paragraph 2.2.3(a) of KPD 596/2007 on the failure to abide by the constant obligations of the Market that the Company is listed in, especially the minimum dispersion to the public.
The titles will start trading in the Special Characteristics Market on Thursday, November 13, 2008.
It is noted that the Council has already given to Alliance International Reinsurance Public Company Ltd a period of compliance of six months.
The titles will start trading in the Special Characteristics Market on Thursday, November 13, 2008.
It is noted that the Council has already given to Alliance International Reinsurance Public Company Ltd a period of compliance of six months.