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Company shares suspended - why

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Old 05 November 2008, 11:36 PM
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tarmac terror
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Default Company shares suspended - why

Can anyone offer advice or comment please; why would a companys shares be suspended? having heard this on the jungle drums is there a source other than the company itself where I can find out what the facts are.

Grateful for your help / comments.
Old 06 November 2008, 01:23 AM
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vindaloo
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1) Major discussion/deal involving takeover/mergers/being bought....
2) Major ill health or perception there-of due to a rapid change in trading conditions, usually going bust or significant partner goes bust etc.
3) The company breaks the rules of the exchange.
Old 06 November 2008, 09:45 AM
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MattW
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Stock market rules dictate even during a large share transaction the company shares are suspended until that transaction is complete.

As vindaloo says, lots of reasons.
Old 06 November 2008, 11:26 AM
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warrenm2
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there will be an RNS about it usually
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