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Temporary Suspension

8th Dec 2011 07:30

RNS Number : 5689T
Marwyn Capital II Limited
08 December 2011
 



 

 Marwyn Capital II Limited

("Marwyn Capital II" or the"Company")

 

Temporary Suspension

 

Further to the Schedule 1 released today, the Company announces that it is in advanced discussions in relation to a potential acquisition which would constitute a reverse takeover under Rule 14 of the AIM Rules for Companies. The Company intends to conduct a placing of new ordinary shares of 0. 1 pence each in the Company ("Ordinary Shares") in connection with the acquisition. As a result, the Company's Ordinary Shares will be suspended pending announcement of the transaction and publication of an admission document. The potential acquisition will be subject to a shareholder vote at a general meeting and admission of the new and existing Ordinary Shares is anticipated to take place on or around 22 December 2011.

 

 

Ends

 

For further information please contact:

 

Marwyn Capital II Limited

Vanessa Bolger / Gianpaolo Pera

 

Cenkos Securities plc

Tel: +44 (0)20 7004 2700

 

 

Tel: +44 (0)20 7397 8900

Ivonne Cantu / Max Hartley

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