5th Jun 2007 14:53
Flightstore Group PLC05 June 2007 Flightstore Group Plc (the "Company") Statement prior to AIM de-listing In December 2005, shareholders voted in favour of the Company's change ininvestment strategy following the cessation of trading activity. The Company haduntil 5th December 2006 in which to successfully acquire a business if it was toavoid its shares being automatically suspended. In November 2006, the Company strengthened its position following the investmentby a consortium of investors prepared to back the Company financially andstrategically. At this time £200,000 was raised, before expenses, with a view toaccelerating the process of finding a suitable acquisition. As a result of this action, the Company has in the past few weeks moved closerto concluding an agreement with a private company with proprietary products andtechnology. No further information can be disclosed at present and shareholderswill be informed as developments occur. As the Company's ordinary shares have been suspended for 6 months the tradingfacility will be cancelled on 6th June 2007 in accordance with AIM Rule 41. 5 June 2007 Enquiries: Flightstore Group Plc 020 7451 7068Nicholas Nelson, Director This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
FLG.L