Suspension Announcement (7735N)
07 September 2011 - 8:51AM
UK Regulatory
TIDMVLRS
RNS Number : 7735N
Vallares PLC
07 September 2011
Vallares PLC ("Vallares" or the "Company")
The Company announced earlier today its proposed acquisition of
the entire issued share capital of Genel Energy International. As
the proposed acquisition will be treated as a "reverse takeover"
for the purposes of the Listing Rules, at the request of the
Company, trading of Vallares's ordinary shares on the main market
of the London Stock Exchange has been suspended. The Company and
its advisers intend to work closely with the Financial Services
Authority to provide the required information for trading in the
Ordinary Shares to re-commence at the earliest possible date. The
Company will provide updates to the market as appropriate.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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