Business
Cancellation of Admission to
Cancellation of Admission to.
About this update from Tomco Energy Plc
[{"type":"text","content":"\n RNS Number : 1834X TomCo Energy PLC 11 August 2009 \n \n\n\n\nTomCo Energy Plc\n('TomCo' or the 'Company')\n\n\nStatement re Cancellation of Admission to AIM\n\n\nTomCo announced on 11 February 2009 that it had requested a temporary suspension of trading of its shares on AIM, with effect from the date of the announcement, pending clarification of the Company's financial position. \n\nTomCo has remained suspended for six months and, in accordance with AIM Rule 41, the London Stock Exchange will cancel the Company's listing on AIM, with effect from 7am on 12 August 2009. \n\nThe Board of TomCo will continue to investigate appropriate corporate opportunities for the Company and will continue to investigate possibilities for the development of the Company's oil shale asset in Utah, USA, with the intention of relisting an enlarged entity on AIM. Both a corporate transaction and the development of the oil shale asset will require funds to be raised via a placing, which TomCo shareholders will be invited to participate in. \n\nFurther details will be posted to TomCo shareholders in due course.\n\nEnquiries:\n\n\n\n\nTomCo Energy plc\nHoward Crosby\nStephen Komlosy\n \n\n\n\n+44 (0)20 7766 0078\n\n\n\n\n\n\nThis information is provided by RNSThe company news service from the London Stock Exchange END STRGUUGPRUPBGCU \n ","length":3310,"tagName":"div"}]