26th Jul 2006 11:00
UMC Energy PLC26 July 2006 UMC Energy plc Statement re share price movement UMC Energy plc ("UMC" or "the Company") has noted the rise in its share pricetoday. The Company is in the advanced stages of negotiation to acquire an 80 per cent.interest in a Madagascar corporation which owns eight permits to explore foruranium in Madagascar. This acquisition would represent a reverse takeover (within the meaning of theAIM Rules) for the Company and consequently trading in the Company's shares onAIM has been suspended until the publication of a re-admission document. 26 July 2006 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
UEP.L