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Statement Re: Suspension

30 Jun 2010 12:00

RNS Number : 5260O
GEM BioFuels Plc
30 June 2010
 



 

 

GEM BIOFUELS PLC

("GEM BioFuels" or the "Company")

 

 

Suspension of Trading

 

GEM BioFuels has today notified the AIM Market of London Stock Exchange ("AIM") that it is not able to release its final results for the year ending 31 December 2009 by the deadline of 30 June 2010 as its audit is still to be completed. As a consequence, the Company has requested that its shares be suspended from trading with immediate effect. The Company is currently completing a small capital raising which will assist in the finalisation of the audit. The Directors of the Company are working with the Company's auditors to ensure completion and release of the final results, and a restoration to trading of the Company's shares on AIM, as soon as possible.

A further announcement confirming dates will be made as soon as possible.

 

 

Enquiries

GEM Biofuels Plc

 

Shore Capital and Corporate

Walbrook PR Ltd

Paul Benetti

Chief Executive Officer

Dru Danford/ Stephane Auton

Leah Kramer/ Bob Huxford

+61 (0) 407 039 379

 

+44 (0) 20 7408 4090

 

+44 (0) 20 7933 8780

 

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