Information  X 
Enter a valid email address

Caldwell Inv. (PRS)

  Print      Mail a friend

Monday 10 October, 2005

Caldwell Inv.

Transfer to AIM

Caldwell Investments PLC
10 October 2005

Company Number 269566

                  Cancellation of Listing and transfer to AIM

             Caldwell Investments plc ('Caldwell' or the 'Company')

The Board of Caldwell announces that today it has posted a circular to
shareholders in order to obtain approval for the cancellation of the listing of
its shares on the Official List and transfer to the Alternative Investment
Market ('AIM'), (the 'Transfer').  The Transfer is subject to approval by a
majority of not less than 75 per cent of the holders of ordinary shares voting
at general meeting.  An extraordinary general meeting has been convened to take
place at 11.00 am on 27 October 2005 at Centurion House, 37 Jewry Street, London

The Board believes that AIM is a more appropriate market for a company of
Caldwell's size.  Being on AIM will also enable the Company to react more
quickly should any acquisition or other development opportunities arise.

The Board unanimously recommends shareholders to vote in favour of the Transfer
as they intend to do in respect of their own holding of 4,733,600 shares,
representing approximately 23.8 per cent of the current issued ordinary share

Williams de Broe Plc has agreed to act as nominated adviser and broker to the

A further announcement will be made in due course.

For further information please contact:

Stanley Wootliff, Chairman          0113 235 0632
Joanne Lake, Williams de Broe       0113 243 1619

Monday 10th October 2005

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