8 Dec 2011 07:30
Marwyn Capital II Limited
("Marwyn Capital II" or the"Company")
Temporary Suspension
Further to the Schedule 1 released today, the Company announces that it is in advanced discussions in relation to a potential acquisition which would constitute a reverse takeover under Rule 14 of the AIM Rules for Companies. The Company intends to conduct a placing of new ordinary shares of 0. 1 pence each in the Company ("Ordinary Shares") in connection with the acquisition. As a result, the Company's Ordinary Shares will be suspended pending announcement of the transaction and publication of an admission document. The potential acquisition will be subject to a shareholder vote at a general meeting and admission of the new and existing Ordinary Shares is anticipated to take place on or around 22 December 2011.
Ends
For further information please contact:
Marwyn Capital II Limited Vanessa Bolger / Gianpaolo Pera
Cenkos Securities plc | Tel: +44 (0)20 7004 2700
Tel: +44 (0)20 7397 8900 |
Ivonne Cantu / Max Hartley