Following a resolution passed by the shareholders, dealings in Mapeley's shares on the London Stock Exchange were suspended at 6.00pm on 17 April 2009. The admission of Mapeley's shares to the Official List and to trading on the London Stock Exchange's main market for listed securities in each case was cancelled at 8.00am on 20 April 2009.
The shares are no longer traded on any exchange and there is no trading facility. As the shares are unlisted there is no quoted share price and, while they still have a worth, it is more difficult to ascribe a value to them. A shareholder wishing to sell their shares needs to find a purchaser and must agree the price with the purchaser.
A shareholder wanting to transfer their shares into another name should contact the Registrars, Anson Registrars, PO Box 426, Anson Place, Mill Court, La Charroterie, St Peter Port, Guernsey GY1 3WX. If you hold your shares through a nominee and want to transfer them into your own name you should contact your nominee in the first instance. Mapeley's shares remain in the Crest trading system.
Dividend policy is, and will remain a decision for the Board. It is likely to depend on the extent of cash generated from operations and potential uses of that cash; these include retention in the business, reduction of debt and distribution to shareholders.
In accordance with Guernsey company law, Mapeley sends shareholders its annual report and financial statements. These are prepared to comply with the provisions of The Companies (Guernsey) Law, 2008. Mapeley also holds an annual general meeting each year - information on the AGM is sent to shareholders in advance of the meeting.
If you hold shares in Mapeley through a nominee they may not forward communications they receive in respect of your shares unless you contact them to make arrangements with them to do so. Following delisting, the company no longer posts shareholder information on its website.
If you have a query which is not answered here, please contact ir@mapeley.com and our investor relations team will endevour to help.