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Private again

Having watched Mike Ashley take sole control over the last couple of months today saw nearly 10 years of public ownership of the company disappear as we slipped back into the private domain. In a statement released to the Stock Exchange it said:

Delisting of Newcastle United PLC Shares

The directors of Newcastle United PLC (the "Company") wish to announce that, following an application to the UK Listing Authority, the listing of the Company`s ordinary shares of 5p each (the "Shares") on the Official List has been cancelled and the Shares have ceased trading on the London Stock Exchange, in each case with effect from 8 a.m. this morning.

This follows the announcement by St James Holdings Limited on 15 June 2007 that its offer for all of the issued and to be issued share capital of the Company had been declared unconditional in all respects.

Terms defined in the Offer Document dated 7 June 2007 have the same meaning in this announcement.

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The Journalist

Writer: Ross Molyneux Mail feedback, articles or suggestions

Date:Wednesday July 18 2007

Time: 9:24AM

Your Comments (oldest first)

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football should never have turned to the stock market, it is like no other business!
The Fear
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18/07/2007 09:58:00

Agreed. Keep it real.
SirLes
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18/07/2007 11:56:00

 

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