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Statement re Suspension

11 Feb 2009 07:30

RNS Number : 1191N
TomCo Energy PLC
11 February 2009
 



TomCo Energy Plc

("TomCo" or the "Company")

Statement re Suspension

TomCo announces that it has today requested a temporary suspension, with immediate effect, of trading of its shares on AIM, pending clarification of the Company's financial position. Contractual difficulties in relation to the Company's investment in Israel has resulted in an immediate funding requirement to enable the Company to service its debt and to enable it to continue operating. The Company is considering its strategic options and will provide a further update in due course. 

Enquiries:

TomCo Energy plc

Howard Crosby

Stephen Komlosy

 

+44 (0)20 7766 0078

Strand Partners Limited

Simon Raggett

Rory Murphy

David Altberg

+44 (0)20 7409 3494

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