Prodesse Investment Limited
04 October 2007
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN, OR
INTO, THE UNITED STATES, AUSTRALIA, CANADA, SOUTH AFRICA OR JAPAN
As a result of currently challenging market conditions in the United Kingdom,
Prodesse Investment Limited announces the postponement of the offer and the
listing of additional Ordinary Shares on the Official List of the Financial
Services Authority and the admission of those additional Ordinary Shares to
trading on London Stock Exchange plc's Domestic Market and the Official List of
the Channel Islands Stock Exchange, LBG.
The Company's investment strategy and performance will be unaffected by this
decision. The Board reiterates its belief that market fundamentals remain
favourable for the Company's strategy of investing in US Government Agency
mortgage-backed-securities using prudent levels of gearing.
Enquiries:
Financial Dynamics
Rob Bailhache / Nick Henderson, +44 (0) 20 7269 7200 / +44 (0) 20 7269 7114
This information is provided by RNS
The company news service from the London Stock Exchange
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