5th Sep 2006 07:02
Turbo Power Systems Inc05 September 2006 Tuesday 5th September 2006 Turbo Power Systems announces change to registrar services Turbo Power Systems Inc ('the Company') announced today that it has appointedComputershare Investor Services PLC to administer its UK shareholder records. Itis anticipated that the change will lead to quicker and simpler settlement oftrades for both CREST members and retail shareholders of the Company as well asgiving improved visibility of share trading. With effect from 4th September 2006, settlement in CREST will be arrangedthrough a Depositary Interest with Computershare rather than the previously heldCrest Depositary Interest. This will allow CREST members to transfer Commonstock from Canada into a depositary interest position within CREST (the UK), bysimply inputting a stock deposit in the usual way, with the appropriate cover.Similarly, a standard stock withdrawal will be deemed to constitute aninstruction to cancel the depository interest and effect a transfer of theCommon stock back to the Canadian register. Computershare Trust Company of Canada already administer the company's Canadianshareholder records and the Canadian register of Common shares is unaffected bythe change. Shareholders who have any questions on the changes should contact Computershareon +44 (0) 870 703 1515. Computershare Investor Services PLC Computershare Trust Company of CanadaThe Pavilions 100 University AvenueBridgwater Road 11th FloorBristol TorontoBS99 7NH OntarioTel: +44 870 703 1515 M5J 2Y1Fax: +44 870 703 6116 Tel +1 800 663 9097 Fax +1 416 981 9800 PO Box 82 NOTES TO EDITORS About Turbo Power Systems Turbo Power Systems develops innovative products for power generation and powerconditioning. The Group was established in 1993 as a spin-off from ImperialCollege, London and was floated on the London stock exchange in July 2000 andsoon after obtained a secondary listing in Toronto. In July 2001, the Groupacquired Intelligent Power Systems Limited (I-Power) specialising in powerelectronics. In July 2006, the Group changed its name from Turbo Genset Inc. toTurbo Power Systems Inc. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
TPS.L