Last checked at 17 Jan 2011 07:30
Press Release | 17 January 2011 |
Pan Pacific Aggregates plc
("PPA" or the "Company")
Statement regarding recent share price movement
Further to recent share price movements, the Company announces that it is in discussions regarding a potential transaction (the 'Transaction'), which, if completed, would constitute a Reverse Takeover under the AIM Rules.
The Company's ordinary shares have been temporarily suspended with effect from 07:30 a.m. on Monday 17 January 2011 until publication of an AIM Admission Document or upon termination of discussions if earlier.
Although these discussions are at an advanced stage, there can be no certainty that they will be concluded successfully. A further announcement will be made in due course.
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For further information:
Pan Pacific Aggregates plc | |
William Voaden, Managing Director | Tel: +44 (0) 20 7398 7702 |
Nomad and Joint Broker:
Matrix Corporate Capital LLP | |
Louis Castro / Tim Graham | Tel: +44 (0) 20 3206 7000 |
Joint Broker:
XCAP Securities PLC | |
John Grant / Tim Burge / David Newton | Tel: +44 (0) 20 7101 7070 |
VSA Capital Limited | |
Andrew A Monk | Tel: +44 (0) 20 7096 9580 |
Media enquiries:
Abchurch Communications Limited | |
Henry Harrison-Topham | Tel: +44 (0) 20 7398 7702 |
henry.ht@abchurch-group.com | www.abchurch-group.com |