2 Aug 2010 07:00
Mission Capital plc ("Mission Capital" or the "Company")
2 August 2010
STATEMENT re SUSPENSION
As previously announced, under the AIM Rules the Company was required to make an acquisition (which would be regarded as a reverse takeover) by 31 July 2010, being 12 months from the date of the Company's disposal of Karspace Management Limited, or trading in the Company's ordinary 1p shares ("Shares") would be suspended on AIM.
As a result, in accordance with AIM Rule 15, trading in the Company's Shares on AIM will be suspended with effect from 7.00 a.m. today, 2 August 2010. If no qualifying transaction is achieved by the Company within a further six months, 3 February 2011, the London Stock Exchange will cancel admission of the Shares on AIM.
Arbuthnot Securities tel: 020 7012 2000
Tom Griffiths / Richard Johnson
MCAP.L (MCAP)