Listing Process (from Dec 2021 update) Step 1 : Restructure to a “Top Hat” a holding company above ISX Financial EU Plc to allow for: -a non operating holding entity that is established specifically for listing-appoint directors to “top hat” who have exchange experience-allow directors on subsidiaries to focus on prudential or technical operational matters-subsidiary re-organisation for tax effectiveness Process : General Meeting to approve restructure, which will be on a proportional basis for all shareholders Step 2 : Re-stimulate Growth -company’s growth has been stymied by its previous association with Australia and ASX-reinvigorate growth and show positive forward momentum. Step 3 : Complete a financial audit cycle - FY21 ends 31st December 2021. -Audit must be completed by end April 22 to meet EU regulatory requirements for publiccompanies. Step 4 : Prepare for Listing Mid 2022 -roadshow company to prospective brokers-decide on direct listing (no cap raise) versus a cap raise (dilutive). The way I see it, the listing is on the way...
SP1 Price at posting:
$1.07 Sentiment: None Disclosure: Held
