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Statement re. Suspension

24th Jun 2009 07:30

RNS Number : 3865U
Artilium PLC
24 June 2009
 

Artilium plc ("Artilium" or the "Company")

Temporary suspension of trading on AIM

The Board of Artilium has requested the suspension of trading in the Company's shares with immediate effect. The suspension follows Board disagreements over the appropriate financing strategy for the Company going forward. Due to the current size of the Board (being the Chairman and the CEO) and the differences in opinion between the Board members, the Company has requested that trading in its shares be suspended pending the resolution of these issues. The Board is hopeful of resolving these issues in a satisfactory manner however, if this does not prove feasible, it is possible that the Company may no longer be regarded as suitable for continued admission to AIM which may result in its securities being cancelled from trading on AIM.

Further announcements will be made in due course.

Enquiries:

Jon Hinton/David Smith 

Deloitte Corporate Finance (Nomad) 020 7936 3000

This information is provided by RNS
The company news service from the London Stock Exchange
 
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