Helesi PLC Statement re. Suspension (3764G)
28 June 2012 - 11:00PM
UK Regulatory
TIDMHLS
RNS Number : 3764G
Helesi PLC
28 June 2012
Helesi PLC ("Helesi" or "the Company")
Statement re suspension
As a result of the delay in publishing its audited accounts for
the year to 31 December 2011, the board announce that the Company's
shares have been suspended from trading on AIM pursuant to AIM Rule
19. The suspension, which commenced at 14.00. today, will remain in
place until the Company's accounts have been published and posted
to shareholders.
The delay in finalising the audit is principally related to
postponement in consolidation of group's subsidiaries in Greece,
Italy and Cyprus. The June 17 Greek election which produced a
tripartite governing coalition has put an end to a prolonged period
of domestic political uncertainty that fuelled market worries over
the country's euro area membership. The board believes the audit
will be complete on or around 11 July 2012.
28 June 2012
For further information please visit www.helesi.com or
contact:
Helesi PLC + 30 22990 82700
Ioannis Tolias, Finance Director itolias@helesi.com
Panmure Gordon +44 (0)20 7459 3600
Andrew Godber / Katherine Roe
Tavistock Communications + 44 (0)20 7920 3150
Simon Hudson shudson@tavistock.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
END
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