22nd Oct 2007 07:01
Adamind Ltd22 October 2007 Adamind Limited ("Adamind" or the "Company") Company update on discontinuation of FSA investigation Further to previous announcements, the Company provides an update on theFinancial Services Authority ("FSA") investigation under Sections 168 (2) (a)and (d) of the Financial Services and Markets Act 2000. The FSA has informed the Company that it has decided to discontinue theforegoing investigation and has no present intentions of taking action againstthe Company or its officers in relation to the matters underlying suchinvestigation. Following completion of the investigation, it remains the Board'splan to return to the Company's shareholders the cash held by the Company assoon as legally feasible. Enquiries AdamindOrna Berry, Executive Chairperson +972 9 971 9111 Corfin CommunicationsNeil Thapar, Harry Chathli +44 20 7977 0020 Landsbanki Securities, Nominated Adviser +44 20 7426 9000Simon Bridges This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Adams