BSX becomes Fabian's primary listing
Created: Apr 14, 2009 11:00 AM
Fabian Romania Property Fund Ltd. has de-listed from AIM on the London Stock Exchange, with the Bermuda Stock Exchange (BSX) becoming the fund's primary listing.
In January, The Royal Gazette revealed that Fabian Romania Ltd. sold out to Black Sea Global Properties Ltd. (BSGP) after accepting an offer for its shares from the Bulgaria real estate company.
At the end of last year, BSGP made a recommended cash offer for the entire issued share capital of Fabian Romania, excluding those shares it already owned. And at the beginning of January its board announced that the condition to the offer had been satisfied and was wholly unconditional, as announced to the BSX.