SBE Sibir Energy

 

TIDMSBE 
 
RNS Number : 7123X 
Sibir Energy PLC 
19 August 2009 
 

Sibir Energy plc 
("Sibir" or the "Company") 
 
 
De-listing from AIM 
Update re 2008 Annual Report and Accounts 
 
 
Sibir announces that the admission of the Company's ordinary shares of 10p each 
("Ordinary Shares") to trading on AIM will be cancelled with effect 
from 7.00 a.m. on Thursday 20 August 2009 as the shares have been suspended from 
trading for six months. Following the cancellation of admission to AIM, the 
Company will no longer be obliged to announce material events or produce interim 
results. However, the Company will continue to send its shareholders copies of 
the Company's audited accounts and hold annual general and other general 
meetings in accordance with the applicable statutory requirements and the 
Company's articles. 
 
 
Following the de-listing there will be no market facility for dealing in the 
Ordinary Shares. However, whilst there can be no guarantee of any shareholders 
being able to purchase or sell any Ordinary Shares, any shareholder wishing to 
do so should contact the Company Secretary in writing at the Company's 
registered office at 17c Curzon Street, London W1J 5HU. The Company Secretary 
will keep a record of all interested potential purchasers and sellers and will 
seek to match them where possible with the help of the Company's brokers. 
 
 
The board of Sibir (the "Board") will consider if any corporate action is 
appropriate to enable shareholders who now wish to exit from their investment in 
the Company to do so. There can be no guarantee of any such future exit event 
being proposed to the Company's remaining minority shareholders going 
forwards. 
 
 
Although the Company is making every effort with its auditors to complete its 
accounts for the year to 31 December 2008, the Board now expects the Company's 
audited 2008 Annual Report and Accounts to be completed and posted to 
shareholders in September 2009. 
 
 
Contacts: 
 
 
Igor M. Tsibelman, CEO, Sibir Energy plc 
Moscow +7 (495) 792 3045 
 
 
Rory Murphy, Strand Partners Limited 
London +44 (0) 20 7409 3494 
 
 
Nick Miles, M: Communications 
London +44 (0) 20 7153 1535 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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