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Statement re. Suspension

3 May 2011 08:53

RNS Number : 7825F

Cosalt PLC

03 May 2011

Cosalt plc

("Cosalt" or "the Group")

Statement re: Suspension

The Board of Cosalt announces that it is in the late stages of agreeing the previously notified proposed sale of the Group's marine business. The Group's ongoing funding arrangements are conditional on the completion of this transaction. Whilst the Board has made significant progress with these discussions, the Group is not yet in a position to publish its Report and Accounts for the 14 months ended 31 December 2010 by 30 April 2011, as required by Disclosure & Transparency Rule 4.1.3. Accordingly the Group's ordinary shares have been suspended from trading pending publication of its audited accounts.

A further announcement will be made shortly.

ENQUIRIES:

Cosalt plc (www.cosalt.com) Tel: +44 (0)1472 725100

Mark Lejman, Chief Executive

Evolution Securities Tel: +44(0)113 243 1619

Joanne Lake / Peter Steel

Cardew Group Tel: +44 (0)20 7930 0777

Tim Robertson / James Milton

This information is provided by RNS

The company news service from the London Stock Exchange

END

SRSLIFEDELIVIIL

Date		Source	Headline
11th Aug 2009	11:44 am	RNS	EPT Disclosure
11th Aug 2009	11:31 am	PRN	Rule 8.3 - Cosalt Plc
11th Aug 2009	9:38 am	RNS	Rule 8.3- Cosalt PLC
11th Aug 2009	9:37 am	RNS	Rule 8.3- Cosalt PLC
10th Aug 2009	4:53 pm	RNS	Rule 8.3- Replacement Cosalt Plc
10th Aug 2009	4:41 pm	RNS	Rule 8.3- Cosalt Plc
10th Aug 2009	4:14 pm	RNS	Rule 8.3- Cosalt PLC
10th Aug 2009	4:03 pm	RNS	Rule 8.3- Cosalt PLC
10th Aug 2009	3:28 pm	RNS	Rule 8.3- Cosalt plc
10th Aug 2009	3:02 pm	RNS	Rule 8.3- Cosalt - Amendment
10th Aug 2009	1:56 pm	RNS	Rule 8.3- Cosalt
10th Aug 2009	1:27 pm	RNS	Rule 8.3- Cosalt Plc - 'Replacement'
10th Aug 2009	1:02 pm	RNS	Rule 8.3- Cosalt Plc
10th Aug 2009	12:38 pm	RNS	Rule 8.3- Cosalt PLC
10th Aug 2009	12:28 pm	RNS	EPT Disclosure
10th Aug 2009	12:25 pm	RNS	Rule 8.3- Cosalt
10th Aug 2009	11:37 am	RNS	Rule 8.3- Cosalt PLC
10th Aug 2009	11:09 am	RNS	Rule 8.3- Cosalt Plc
7th Aug 2009	3:02 pm	RNS	Rule 8.3- Cosalt Plc
7th Aug 2009	11:54 am	RNS	Rule 8.3- Cosalt Plc
7th Aug 2009	8:50 am	RNS	EPT Disclosure
6th Aug 2009	6:16 pm	RNS	Publication of Prospectus
6th Aug 2009	10:10 am	RNS	EPT Disclosure
6th Aug 2009	7:00 am	RNS	Placing and Open Offer etc.
5th Aug 2009	10:29 am	RNS	EPT Disclosure
4th Aug 2009	10:11 am	RNS	EPT Disclosure
3rd Aug 2009	10:27 am	RNS	Indicative Proposals
3rd Jul 2009	4:02 pm	RNS	Annual Information Update
3rd Jul 2009	7:00 am	RNS	Interim results
2nd Jun 2009	12:59 pm	RNS	TR 1 Notifications of Major Interests in Shares
2nd Jun 2009	12:51 pm	RNS	Notifications of Major Interests in Shares
26th May 2009	7:06 am	RNS	Trading Update
15th May 2009	2:55 pm	RNS	TR-1 Notification of Major Interests in Shares
5th May 2009	12:38 pm	RNS	Replacement Special Resolutions as approved at AGM
5th May 2009	9:37 am	RNS	Special Resolutions as approved at their AGM
30th Apr 2009	12:20 pm	RNS	AGM Statement
27th Mar 2009	10:44 am	RNS	Banking Facility
20th Mar 2009	7:00 am	RNS	Interim Management Statement
27th Feb 2009	12:57 pm	RNS	Director/PDMR Shareholding
26th Feb 2009	7:36 am	RNS	Final Results
5th Feb 2009	3:26 pm	RNS	Notice of Results
23rd Jan 2009	4:34 pm	RNS	Notification of transactions
12th Dec 2008	3:03 pm	RNS	Re Directorate
12th Dec 2008	3:00 pm	RNS	Directorate Change
8th Dec 2008	10:47 am	RNS	Director Declaration
28th Nov 2008	10:42 am	RNS	Director/PDMR Shareholding
29th Oct 2008	11:19 am	RNS	Director/PDMR Shareholding
28th Oct 2008	2:34 pm	RNS	Director/PDMR Shareholding
27th Oct 2008	7:05 am	RNS	Cosalt sells Holiday Homes division
10th Oct 2008	7:00 am	RNS	Analyst and Investor Site Visit

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