Forgot I had some small holdings in the dreadful KEA! (-99.43% for me) - it was only some scraps I invested about 4 years ago.
Got this today -
Got this today -
On 19th November 2015, Kea Petroleum PLC announced it is to cancel the admission to trading of its Ordinary shares on the Alternative Investment Market (AIM).
The Company's Ordinary shares have been suspended from trading since 26th May 2015 and it is expected that the Effective Date of the Cancellation will be 27th November 2015.
The Company's Directors have concluded it is not feasible to proceed with plans to convert the Company into an Investing Company. Consequently, it has initiated procedures to voluntarily wind up the Company.
Accordingly, the Directors will call meetings of members and creditors to seek the approval of the appointment of Stephen Cork and Joanne Milner of Cork Gully LLP as Joint Liquidators. It is expected these meetings will be held in December 2015.
Should you retain your holding of Kea Petroleum we will notify you on receipt of any further information from the Company.
Should you wish to find more information about the Cancellation, please visit the Kea Petroleum website, www.keapetroleum.com.