Statement re. Suspension
Sep 29, 2005 7:02 AM
R.E.A.Hldgs PLC
28 September 2005
R.E.A. Holdings PLC ("the company")
28 September 2005
As announced on 17 August 2005 in connection with proposals for the conversion
of 4 per cent convertible loan stock 2012 into new ordinary shares and 7.5 per
cent dollar notes 2012/14 of the company, were it not for the recent changes to
the accounting principles which a listed company is obliged to apply in
preparing its accounts (being the change from UK Generally Accepted Accounting
Principles to International Financial Reporting Standards), the company would
have expected to issue its interim results in respect of the six months ended
30 June 2005 during September 2005. However, as a result of the changes, and
the additional work that this will cause, the issue of the interim results
will be delayed. The interim results will be issued by 28 October 2005.
As a result of the delay, in accordance with the rules of the UK Listing
Authority, the preference shares, ordinary shares, warrants and dollar notes of
the company are all being suspended from trading on the main market of the
London Stock Exchange by the UK Listing Authority effective 29 September 2005
pending announcement of the interim results.
The directors continue to expect that 2005 will prove to be another good year
for the company.
This information is provided by RNS
The company news service from the London Stock Exchange