Business
Proposed move to AIM
Proposed move to AIM.
About this update from Oracle Power Plc
[{"type":"text","content":"\n \n\n 28 March 2011\n GB00B23JN426/GBP/PLUS-exn\n\n Oracle Coalfields PLC\n (`Oracle' or the `Company')\n\n Proposed move to AIM\n\nOracle, (PLUS: ORCP), the UK developer of a 1.4 billion tonne coal resource in the south-eastern desert of\nSindh Province, Pakistan, today announces that it has made an announcement prior to admission in accordance\nwith Rule 2 of the AIM Rules for Companies to apply for Oracle's ordinary shares to be admitted to trading\non AIM.\n\nIt is expected that Admission will become effective following a proposed £2 million fundraising and\ndealings in the share capital will commence on AIM on 12 April 2011.\n\nThe Admission Document, which will contain full details about the applicant and the admission of its\nsecurities, will be available at www.oraclecoalfields.com.\n\nThe Directors of Oracle are responsible for the contents of this announcement.\n\nENQUIRIES:\n\nOracle Coalfields PLC\nShahrukh Khan, Chairman\nTelephone: +44 (0) 1366500722\nEmail: [email protected]\n\nSt Helens Capital Partners LLP\nDuncan Vasey or Mark Anwyl\nTelephone: +44 (0) 20 7368 6959\n\nBlythe Weigh Communications\nTim Blythe, Ana Ribeiro, Matthew Neal\nTelephone: +44 (0) 20 7138 3204\n\nLibertas Capital Corporate Finance Limited\nSandy Jamieson, Neil Pidgeon\nTelephone: +44 (0) 20 7569 9650\n\nWEBSITE: www.oraclecoalfields.com\n\nOracle Coalfields plc\t\t\t\t\t\t\t\t\n\n\t\t\t\t\t\t \n ","length":1786,"tagName":"div"}]