Brooke Industrial Holdings PLC
17 August 2001
BROOKE INDUSTRIAL HOLDINGS PLC (the 'Company')
TRANSFER TO AIM
As a small public company, the Board is very much aware of the need to operate
in the most efficient and cost-effective manner for the benefit of all
shareholders. Accordingly, the Board have been considering the possibility of
transferring trading in the Company's ordinary shares from the London Stock
Exchange's main market for listed securities to its Alternative Investment
Market, which is specifically designed for smaller companies. The increasing
profile of AIM together with the flexibility afforded to AIM companies have
led the Board to decide to make the transfer as soon as possible. Brewin
Dolphin Securities, the Company's present broker will continue in that role
and have agreed to act as the Company's nominated adviser on AIM.
Application will be made shortly for all of the Company's ordinary shares to
be admitted to trading on AIM. It is anticipated that dealings will commence
in the Company's shares on AIM on Monday 17 September 2001 and that the
Company's Official Listing will be cancelled on the same day.
Further enquiries:
Michael Arnold (Brooke Industrial Holdings plc) - 0114 249 4222
Richard Evans (Brewin Dolphin Securities Ltd) - 0161 214 5553