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Statement re. Press Comment

29 Oct 2008 07:45

RNS Number : 8882G
Oxford Catalysts Group PLC
29 October 2008
 

29th October 2008

OXFORD CATALYSTS GROUP PLC

 ("Oxford Catalysts" or "the Company")

Statement Re: Press Speculation

Oxford Catalysts, the leading catalyst innovator for clean fuels, notes the recent press speculation and confirms that it is in advanced discussions with another party which may or may not lead to the Company announcing an acquisition and placing of ordinary shares.

Should the Company proceed with the acquisition, it would be classified as a reverse takeover and therefore in accordance with the AIM Rules has requested that trading in its ordinary shares be suspended pending a further update on the transaction and/or the publication of an admission document for the enlarged group.

- Ends -

For further information, please contact:

Jonathan Marren/Oliver Stratton, KBC Peel Hunt (Nomad & Broker)

020 7418 8900

Billy Clegg/Alex Beagley, Financial Dynamics

020 7831 3113

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