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23 Sep 2014 18:26

RNS Number : 4309S

Eco City Vehicles PLC

23 September 2014

Eco City Vehicles PLC

("ECV" or "the Group")

Termination of Financing and Trading Arrangements with Mercedes-Benz

Eco City Vehicles PLC, the supplier of the licensed Mercedes Vito taxi, provides the following update regarding the financing and trading arrangements of the Company's wholly owned subsidiary, KPM UK Taxis Plc ("KPM"), with Mercedes-Benz.

Mercedes-Benz has informed KPM that it is terminating its stocking facilities and trading agreements with immediate effect. The Directors are evaluating the Company's options following this development.

Enquiries:

Eco City Vehicles plc
John Swingewood, Chairman Jonathan Moritz, Finance Director	+44 20 7377 2182
Numis Securities Limited
Stuart Skinner (Nominated Adviser)	+44 20 7260 1000
David Poutney (Corporate Broker)

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCSEIFWDFLSEEU

Date		Source	Headline
27th Jun 2013	1:04 pm	RNS	Posting of Accounts and Notice of AGM
21st Jun 2013	11:50 am	RNS	Appointment of Finance Director
21st May 2013	7:00 am	RNS	Final Results
9th May 2013	7:00 am	RNS	Application for admission of securities
29th Apr 2013	10:53 am	RNS	Notification of Interest
2nd Apr 2013	9:17 am	RNS	Directorate Changes
27th Mar 2013	9:16 am	RNS	Notification of Major Interest in Shares
25th Jan 2013	2:21 pm	RNS	Trading Update
8th Jan 2013	11:23 am	RNS	Notification of Interest
3rd Jan 2013	9:34 am	RNS	Re: One80 Limited
24th Dec 2012	12:40 pm	RNS	Re: One80 Limited
20th Dec 2012	7:00 am	RNS	Property Disposal
6th Dec 2012	10:34 am	RNS	New board appointment
11th Oct 2012	7:00 am	RNS	Application for admission of securities
28th Sep 2012	7:00 am	RNS	Interim Results
14th Sep 2012	7:00 am	RNS	Notification of Interest
13th Sep 2012	8:30 am	RNS	Notification of Interest
7th Sep 2012	2:39 pm	RNS	Update on trading, Placing and Directorate Changes
23rd Jul 2012	5:08 pm	RNS	Result of AGM
23rd Jul 2012	7:00 am	RNS	AGM Statement
20th Jul 2012	2:14 pm	RNS	Re: One80 Limited
17th Jul 2012	7:00 am	RNS	Cabvision litigation update
5th Jul 2012	5:08 pm	RNS	Shareholder Letter
28th Jun 2012	5:36 pm	RNS	Posting of Annual Report and Notice of AGM
25th Jun 2012	7:00 am	RNS	Final Results
22nd Jun 2012	11:28 am	RNS	Financing Arrangement
11th May 2012	4:25 pm	RNS	Financing Announcement
2nd May 2012	10:35 am	RNS	Trading Update and Directorate Changes
23rd Mar 2012	6:08 pm	RNS	ECV welcomes discount for Vito Taxi
31st Jan 2012	5:51 pm	RNS	Trading Update
28th Sep 2011	7:00 am	RNS	Interim Results
25th Jul 2011	7:00 am	RNS	AGM statement and contract win
4th Jul 2011	7:30 am	RNS	Restoration - Eco City Vehicles plc
1st Jul 2011	4:35 pm	RNS	Restoration of Trading
1st Jul 2011	7:50 am	RNS	Final Results
1st Jul 2011	7:50 am	RNS	Suspension - Eco City Vehicles plc
1st Jul 2011	7:50 am	RNS	Statement re. Suspension
22nd Jun 2011	10:48 am	RNS	Notice of Results
15th Dec 2010	7:00 am	RNS	ECV welcomes Mayor's clean air proposals
16th Nov 2010	7:00 am	RNS	Placing
1st Nov 2010	4:16 pm	RNS	Update Re Cabvision
28th Sep 2010	7:00 am	RNS	Interim Results
22nd Sep 2010	7:00 am	RNS	Notice of Results
13th Jul 2010	2:06 pm	RNS	Option Grant and Directors' Interests
29th Jun 2010	2:06 pm	RNS	Result of AGM
3rd Jun 2010	7:00 am	RNS	Final Results
25th May 2010	7:00 am	RNS	Notice of Results
8th Apr 2010	10:12 am	RNS	Appointment of Finance Director
11th Mar 2010	1:04 pm	RNS	Announcement re Cabvision
8th Feb 2010	7:00 am	RNS	Electric Taxi Launched

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