Blades shares offered at 8.5p
Shares in Sheffield United Plc are being offered at 8.5 pence per ordinary share following the club's recent de-listing of the company from the AIM Market.
To assist with the trading, which commenced today (Monday 12th January), United Plc has appointed JP Jenkins stockbrokers, who will offer existing and potential new shareholders the ability to sell or purchase shares in the club.
The club's directors are providing the liquidity for this matched bargain facility for at least 12 months after de-listing by agreeing to provide a buyer of last resort.
The directors are offering to buy up to 500,000 shares per shareholder at the quarterly defined price, which was the mid-market price quoted on AIM at the close of business before the cancellation of the company's listing was announced.
United's board of directors will be able to set the price on a quarterly basis, while JP Jenkins are tasked with matching existing or potential shareholders with an opposite sell or buy instruction.
While the process of matching orders takes place daily, shareholders are encouraged to begin trading at the earliest opportunity as there may not be an immediate match for any specific order.
Last month United concluded it was no longer in the best interests of the company or its shareholders to continue trading on AIM. Shareholders approved the move at the EGM on 27th December.
To view the up-to-date indicative share price and recent trade history, visit the JP Jenkins website www.jpjenkins.co.uk
Anyone wishing to deal in Sheffield United Plc shares can instruct their existing stockbroker to contact JP Jenkins to place a buy or sell limit.
Alternatively, to enlist a stockbroker please contact Barry Jenkins at JP Jenkins on 0207 747 7400 during business hours of 8:00am-4:30pm, Monday to Friday.
JP Jenkins is a trading division of IAF Securities Limited who are fully authorised and regulated by the Financial Services Authority and is a member of the London Stock Exchange.
















