VES Vestpa

RNS Number:1374Y
Vestpa PLC
12 June 2007

                                   Vestpa Plc

                          First Day of Dealings on AIM


Vestpa Plc ("Vestpa" or the "Company"), a newly incorporated company that has
been established in order to acquire a controlling interest in a company,
partnership or joint venture which will be located in Europe, North America or
Asia, is pleased to announce its flotation on AIM today.

The Company will focus upon an acquisition target in one of the following
sectors: investment, consumer goods, engineering, industrials, leisure and
hotels, media and entertainment, professional and support services, retailing,
technology and telecommunications.

  * placing price of 1p per ordinary share;

  * based on the above placing price per share, the market capitalisation of
    Vestpa will be approximately #3.7 million;

  * net proceeds of the placing will be approximately #3.02 million for the
    Company; and

  * proceeds will be used to provide the funds needed by the Company to
    identify and carry out due diligence on potential acquisitions.

John McLean, executive director of Vestpa, said: "We are very pleased to have
completed this successful IPO and have been encouraged by the strong investor
support for our plans. We will now begin the task of evaluating a number of
companies."

Blue Oar Securities Plc is the Company's nominated adviser and broker.


Contacts:

John McLean, Executive Director
Tel: 020 7937 4445

David Seal, Blue Oar Securities Plc
Tel: 020 7448 4400






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