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Statement re. Suspension

29th Jun 2016 07:00

RNS Number : 5681C
Grand Group Investment PLC
29 June 2016
 

Grand Group Investment PLC

 

("Grand Group", the "Company" or the "Group")

29 June 2016

Statement re: suspension of trading in the Company's shares on AIM

The board of directors of Grand Group Investment plc announce that, due to delays by its two portfolio companies in producing their accounts, it has become apparent that the Company will not be in a position to publish its own audited report and accounts for the year ended 31 December 2015 by 30 June 2016 in accordance with rule 19 of the AIM Rules for Companies. As a result, the Company's shares will be suspended from trading on AIM as of 7:30 a.m. today. The suspension will remain in place until the Company's audited report and accounts for the year ended 31 December 2015 have been published. The Company will update the market in due course.

 

For further information:

 

Grand Group Investment PLC

 

James Newman, Non-Executive Chairman

Tel: +44 (0) 20 7398 7710

 

www.grandgroupplc.com

 

ZAI Corporate Finance Limited

 

Ray Zimmerman / Songdi Lin (Nomad and Broker)

Tel: +44 (0) 20 7060 2220

 

www.zaicf.com

 

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