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Statement re. Suspension

18th Apr 2011 12:35

RNS Number : 1013F
Pan Pacific Aggregates PLC
18 April 2011
 

Press Release

18 April 2011

 

Pan Pacific Aggregates plc

("PPA" or the "Company")

 

Statement re. Suspension

 

As referred to in the announcement earlier today, for reasons beyond the Company's and its advisers' control, PPA has been unable to complete the fundraising to finance the Reverse Takeover announced on 17th January 2011. As a result, the Company's shares will remain suspended pending clarification of its financial position. Further announcements will be made in due course. 

 

- Ends -

 

For further information:

Nomad and Joint Broker:

Matrix Corporate Capital LLP
 
Stephen Mischler
Tel: +44 (0) 20 3206 7000

 

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