26th Jun 2008 07:00
26 June 2008
Spice plc
Proposed admission to the Official List
And
Cancellation of trading on AIM
Spice plc (the "Company" or the "Group"), the provider of Total Utility Support Services, is pleased
to announce its intended move from London Stock Exchange plc's AIM market to the Official List of
the UK Listing Authority and Admission to trading on London Stock Exchange plc's main market for
listed securities ("Admission").
The Board believes that the Group has now reached a size where the admission of its
shares to the Official List should provide increased liquidity in Spice's shares and a higher profile
amongst investors which will widen its appeal and enable further growth opportunities.
The Company gives notice under rule 41 of the AIM Rules that the cancellation of admission of the
Company's ordinary shares to trading on AIM ("Cancellation") will take place simultaneously with
the admission of the Company's ordinary shares to the Official List and trading on London Stock
Exchange plc's main market for listed securities, which is expected to become effective at 8.00
a.m. on or around 30 July 2008.
The Company expects to publish its prospectus in connection with Admission in late July 2008.
Cancellation and Admission is conditional, inter alia, on the approval of the Company's prospectus
by the UK Listing Authority and the approval of the applications by both the UK Listing Authority and
London Stock Exchange plc.
- Ends -
| Enquiries: | |
| Spice plc Simon Rigby, Chief Executive OfficerOliver Lightowlers, Group Finance DirectorAndy Catchpole, Group Strategy and Development Director | Tel: 0113 201 2120 |
| Financial Dynamics Billy CleggCaroline Stewart Annie Evangeli | Tel: 020 7831 3113 |
| KBC Peel Hunt (Nominated Adviser, Broker and Sponsor) David AndersonGarry LevinDaniel Harris | Tel: 020 7418 8900 |
NOTES TO EDITORS
Spice plc
Spice is a total utility infrastructure support services business. The Group's operations were
founded in 1996 and have their origins in the electricity industry, though the range of activities has
since been expanded into the water sector, niche telecommunications services, statutory gas
inspections, energy management and facilities management. Spice's businesses have a common
theme of delivering and co-ordinating infrastructure services to customers, and the technological
element within the product mix has been built up significantly over the course of the last three
years.
Related Shares:
Spire Healthcare