Suspension of Shares
11 June 2009 - 4:00PM
UK Regulatory
TIDMPANC
RNS Number : 7098T
Panceltica Holdings Limited
11 June 2009
For immediate release
11 June 2009
Panceltica Holdings Limited (the "Company")
Suspension
Panceltica Holdings Limited announces it will not be able to publish its audited
accounts for the year ending 31 December 2008 (the "2008 Accounts") by 30 June
2009 as required by rule 19 of the AIM rules for companies. The Company has
accordingly requested that trading in its shares be suspended pending the
publication of the 2008 Accounts. The principal reasons for the delay in the
publication of the 2008 Accounts include the recent management change as
announced on 24 April 2009 and the unresolved issue of the completion of the
Company's major construction contract in Qatar, which may involve the sale or
closure of the Company's Qatar trading subsidiary.
David Ball, CEO Tel:
+974 431 1751
Patrick Mitchell, Company Secretary
Blomfield Corporate Finance Limited, Nominated Adviser Tel: +44 (0)207 489
4500
Toby Howell / Peter Trevelyan-Clark
Religare Hichens, Harrison & Co. plc, Broker Tel: +44
(0)20 7382 4450
Daniel Briggs / Nicholas Malins-Smith
Buchanan Communications Tel:
+44 (0) 20 7466 5000
Mark Edwards / Jeremy Garcia
Computershare, Registrars Tel: +44 1534 825230
This information is provided by RNS
The company news service from the London Stock Exchange
END
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