REG - Noida Toll Bridge Co - Cancellation of Admission <Origin Href="QuoteRef">NOID.NS</Origin>
RNS Number : 4260BNoida Toll Bridge Co. Ltd.03 April 2017Noida Toll Bridge Company Limited
("NTBCL" or the "Company")
Regd. Office: Toll Plaza, DND Flyway, Noida 201 301, Uttar Pradesh, India
Termination of Deposit Agreement
Cancellation of Admission to AIM
It was announced on 8 February 2017 that the Company's GDR facility will terminate on or around 4 May 2017, whereupon the admission of the GDRs to trading on AIM will cease. Therefore the last day of trading of the Company's GDRs on AIM will be 3 May 2017, with cancellation taking place at 7.00 a.m. on 4 May 2017. In accordance with the terms of the Deposit Agreement, the Depositary shall sell the underlying shares of any GDRs that have not previously been converted into equity shares in the Company and deliver the net proceeds thereof in US Dollars to the respective GDR holders. GDR holders who wish to convert their GDRs into equity shares in the Company should contact the Depositary, Deutsche Bank Trust Co. Americas, without delay.
For further details please contact:
Noida Toll Bridge Company Limited
Mr. Ajai Mathur
00 91 120 2516495
Cairn Financial Advisers LLP
Sandy Jamieson, Emma Earl
00 44 207 213 0880
About the Company:
NTBCL is a special purpose vehicle promoted by Infrastructure Leasing and Financial Services Limited, a specialist financial institution focusing on the development and financing of infrastructure, to construct and operate the Delhi Noida Toll Bridge on a build, own, operate and transfer basis. The Delhi Noida Toll Bridge is a tolled facility connecting Noida to South Delhi across the Yamuna River. The Company's principal business is operating the bridge and the Company generates revenues mainly through the levy of toll charges on users of the bridge.
This information is provided by RNSThe company news service from the London Stock ExchangeENDMSCEXLFBDZFBBBF
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