Delisting From The ISE&Issue

RNS Number : 8160W

Equest Investments Balkans Ltd

16 June 2008

 

Equest Investments Balkans Limited

(the 'Company')

Delisting from the Irish Stock Exchange
and
 Issue of Consideration Shares

Further to the announcements on 25 April 2008 and 16 May 2008 in connection with the reorganisation of the management structure of the Company and amendments to the articles of association (as described in the Circular to Shareholders dated 28 March 2008), the Board of the Company confirms that the Company's Ordinary Shares will be delisted from the Irish Stock Exchange with effect from 8.00am on Tuesday 17 June 2008. The Proposals as described in the Circular will therefore take effect from 8.00am on Tuesday 17 June 2008. The Company's Ordinary Shares will continue to be admitted to trading on AIM.

Application has therefore now been made for the Admission of 941,540 new Ordinary Shares (being the Consideration Shares to be issued to Equest Capital Limited as described in the Circular) to trading on AIM. It is expected that dealings in these new Ordinary Shares will commence at 8.00 a.m. on Tuesday 17 June 2008.  

Following Admission, the total number of Ordinary Shares in the Company in issue will be 18,265,890. The Company does not hold any Ordinary Shares in treasury.

For further information:

Equest Partners Limited	Petri Karjalainen Naomi Kora	[phone]
Financial Dynamics	Ed Gascoigne-Pees  Nick Henderson David Cranmer	[phone]
Collins Stewart Europe Limited	Hugh Field	[phone]

The definitions used in this announcement are the same as the ones used in the Circular to Shareholders dated 28 March 2008.

Collins Stewart Europe Limited ('Collins Stewart') which is regulated and authorised by the Financial Services Authority and is a member of the London Stock Exchange, is acting exclusively for the Company and no one else in connection with the Proposals and Associated Changes. Collins Stewart will not regard any other person as its customer nor be responsible to any other person for providing the protections afforded to customers of Collins Stewart nor for providing advice in relation to the transactions and arrangements detailed in this document.

This announcement has been issued through the Companies Announcement Service of

The Irish Stock Exchange

 

END

 

 

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