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Statement re share price movement

4 Jan 2013 11:45

RNS Number : 8634U
GEM BioFuels Plc
04 January 2013
 



04 January 2013

 

GEM BIOFUELS PLC

("GEM" or the "Company")

 

Statement re share price

 

The Directors of GEM note the recent movement in the Company's share price on AIM and confirm that they are not aware of any reason for this movement.

 

Further to the announcement by the Company on 28 December 2012, GEM is still completing the subscription for new ordinary shares in the Company ("Subscription") at a price of £0.001 per share and expects to be able to provide final details regarding the Subscription early next week.

 

Enquiries:

 

GEM Biofuels Plc

Allenby Capital (Nomad and Broker)

Simon Hunt

Chairman

Nick Naylor/Nick Harriss/James Reeve

+44 (0) 7733 337755

+44 (0) 20 3328 5656

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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