Why has the Group transferred from the Official List to the Alternative Investment Market (AIM)?
Due to the structure of the fundraising, and specifically because the Placing was done at a discount of greater than 10% to the share price on the day before the fundraising was announced, we had to transfer off the Official List. The rules of the Official List limit the placing of new shares to a price within 10% of the current share price. This rule does not apply to AIM companies. Further details about AIM can be found on the following web site: http://www.londonstockexchange.com/aim/default.asp It is our intention to apply for re-admission to the Official List at some point in the future. Is it correct that AIM listed stocks cannot be owned by private investors in either PEPs or ISAs (both being tax efficient investment schemes in the UK). This is correct. AIM stocks cannot be held in either a PEP or an ISA. Whilst the following should not be assumed to be specific tax advice on the matter, our understanding is as follows. PTG shares will cease to be qualifying investments for the
