ADVFN Regulatory News (AFN)

16 Sep 2005 07:00

ALL IPO PLC16 September 2005 All IPO plc ("All IPO" or the "Company") Passporting Investment Business into Other European Member States The Company is pleased to announce that following its application to provideinvestment business into other European member states on a service basis, it hasreceived confirmation from the FSA that appropriate notifications have been sentto the relevant European regulatory authorities in accordance with theInvestment Services Directive (93/22/EEC). Consequently All IPO is now permitted to commence such cross-border servicebusiness in Austria, Belgium, Denmark, France, Germany, Italy, Netherlands,Norway, Republic of Ireland, Spain and Sweden when suitable opportunitiespresent themselves. Clem Chambers, CEO of All IPO commented: "We are very pleased to open up the EUmarketplace to All IPO. All IPO is a flexible platform for the distribution offinancial instruments and this clearance is an important step for the Company." For further information please contact Francesca De Franco on 020 7070 0932 oremail francesca@allipo.com. This information is provided by RNS The company news service from the London Stock Exchange