ROK Global PLC, the mobile, web and industrial technology, applications and services company, has announced it will voluntarily de-list from the GXG OTC Exchange.
The decision to de-list the ordinary shares of the company from the GXG First Quote Market was passed by a board resolution and was supported by Directors of the company controlling the majority of shares in the company, because of low trading volumes and lack of sufficient connections to retail investors in Germany.
GXG Markets has agreed to the terms of the delisting and this announcement is the Company's formal twenty one (21) business day notice of cancellation; meeting the requirements of Rule 13.1 of the GXG Markets First Quote Rules for Issuing Companies.
The final day of trading in the Company's securities will be the 18th March 2014.
The delisting is not expected to have a material impact on shareholders and investors.
The management of ROK Global will continue to operate the company, which will remain compliant with all UK regulations throughout, and will assess all options for its shareholders, including a potential listing on another exchange, should the company be eligible to do so.
Safe Harbor Statement:
The statements contained herein which are not historical are forward- looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward- looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time.