Riverfort Regulatory News (RGO)

10 Oct 2005 13:10

Caldwell Investments PLC10 October 2005 Company Number 269566 Cancellation of Listing and transfer to AIM Caldwell Investments plc ("Caldwell" or the "Company") The Board of Caldwell announces that today it has posted a circular toshareholders in order to obtain approval for the cancellation of the listing ofits shares on the Official List and transfer to the Alternative InvestmentMarket ("AIM"), (the "Transfer"). The Transfer is subject to approval by amajority of not less than 75 per cent of the holders of ordinary shares votingat general meeting. An extraordinary general meeting has been convened to takeplace at 11.00 am on 27 October 2005 at Centurion House, 37 Jewry Street, LondonEC3N 2ER. The Board believes that AIM is a more appropriate market for a company ofCaldwell's size. Being on AIM will also enable the Company to react morequickly should any acquisition or other development opportunities arise. The Board unanimously recommends shareholders to vote in favour of the Transferas they intend to do in respect of their own holding of 4,733,600 shares,representing approximately 23.8 per cent of the current issued ordinary sharecapital. Williams de Broe Plc has agreed to act as nominated adviser and broker to theCompany. A further announcement will be made in due course. For further information please contact: Stanley Wootliff, Chairman 0113 235 0632Joanne Lake, Williams de Broe 0113 243 1619 Monday 10th October 2005 This information is provided by RNS The company news service from the London Stock Exchange