For Immediate Release – Wednesday, July 07, 2010
The Bahamas International Securities Exchange (BISX) wishes to announce to the public that the BISX Listing Committee has made the determination to cancel the listing of Freeport Concrete Company Limited (FCC) from its roster of Listed Issuers. The decision of the BISX Listing Committee was made in accordance with the BISX Listing Rules Section 6: Subsection 2.4(1)(iv). Pursuant to the Securities Industry Act, 1999, the Securities Commission of The Bahamas (the Commission) has been formally notified of the BISX Listing Committee’s decision.
The decision of the BISX Listing Committee will become effective on Wednesday, July 28, 2010 following a 14 business day notice and response period afforded to FCC, unless postponed by the Commission. Pursuant to the BISX Rules, BISX has provided notice to FCC of the decision to cancel the listing and an opportunity to respond to the actions taken by the BISX Listing Committee.
In addition to this press release, BISX will provide public notice of this determination on the BISX website, and this Notice will remain posted on the BISX website until the cancellation of listing is effective.
For additional information from BISX, please contact:
Mr. Holland Grant
BISX Listing Manager