CHAL.L Regulatory News (CHAL)

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This announcement is an advertisement and not a prospectus. Neither this announcement nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment or invitation to purchase, otherwise acquire, issue, subscribe for, sell or otherwise dispose of any securities whatsoever in any jurisdiction. Investors should not purchase or subscribe for any transferable securities referred to in this announcement except on the basis of information contained in the prospectus in its final form published by Challenger Acquisitions Limited in connection with the admission of the Company's ordinary shares to the Official List of the UK Listing Authority and to trading on the main market for listed securities of London Stock Exchange plc.

Challenger Acquisitions Limited / Epic: CHAL / Sector: Leisure & Attractions

2 December 2015

Challenger Acquisitions Limited ("Challenger Acquisitions" or "the Company")

Publication of Prospectus &

Expected Readmission to Trading on London Stock Exchange

Challenger Acquisitions is pleased to announce that today a prospectus has been approved by the Financial Conduct Authority in connection with the Company's application for readmission of its entire issued share capital, comprising 13,325,681 ordinary shares of £0.01 each, on the Official List of the UK Listing Authority and to trading on the London Stock Exchange's main market for listed securities ("Readmission"). The prospectus has been published and will be available on the Company's website www.challengeracquisitions.com and from the Company's registered address at 55 Mount Row, St Peter Port, Guernsey, GY1 1NU. A copy of this prospectus has also been submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM 

It is expected that the existing listing will be cancelled immediately before 8.00 a.m. on 08 December 2015 and that Readmission will become effective and that dealings will commence at 8.00 a.m. on 08 December 2015.

The Company's ordinary shares were suspended from trading on the London Stock Exchange on 26 May 2015 following the Company's announcement of the investment Challenger made in New York Wheel Investor LLC and its intention to acquire the Starneth Group. The Company's acquisition of the Starneth Group was completed on 15 July 2015.

**ENDS**

For more information on Challenger Acquisitions please contact the below or visit www.challengeracquisitions.com:

Notes to Editors

Challenger Acquisitions (LSE: CHAL) is focussed on the planning, financing, development, investment in and operation of giant observation wheels. By combining our world class team of technical engineering and project management skills with proven international financial expertise, the Company is ideally positioned to build on its leading position in the giant observation wheel sector.

IMPORTANT NOTICE/DISCLAIMER:

The information contained in this announcement is not for release, publication or distribution to persons in the United States, Australia, Canada or Japan or in any jurisdiction where to do so would breach any applicable law. No public offer of securities is being made by virtue of this announcement.

This announcement has been prepared for the purposes of complying with the applicable laws and regulations of the United Kingdom and the information disclosed may not be the same as that which would have been disclosed if this announcement had been prepared in accordance with the laws and regulations of any jurisdiction outside of the United Kingdom.

This announcement may include statements that are, or may be deemed to be, "forward-looking statements". These forward-looking statements may be identified by the use of forward-looking terminology, including the terms "targets", "believes", "estimates", "plans", "projects", "anticipates", "expects", "intends", "may", "will" or "should" or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. These forward looking statements include all matters that are not historical facts and involve predictions. Forward-looking statements may and often do differ materially from actual results. Any forward-looking statements reflect the Company's current view with respect to future events and are subject to risks relating to future events and other risks, uncertainties and assumptions relating to the Company's business, results of operations, financial position, liquidity, prospects, growth or strategies and the industry in which it operates. Forward-looking statements speak only as of the date they are made and cannot be relied upon as a guide to future performance. Save as required by law or regulation, the Company disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements in this announcement that may occur due to any change in its expectations or to reflect events or circumstances after the date of this announcement.

Except as explicitly stated, neither the content of the Company's website, nor any website accessible by hyperlinks on the Company's website is incorporated in, or forms part of, this announcement.