Move to Official List

RNS Number : 5558X

Spice PLC

26 June 2008

 



26 June 2008

Spice plc

Proposed admission to the Official List

And 

Cancellation of trading on AIM

Spice plc (the "Company" or the "Group"), the provider of Total Utility Support Services, is pleased

to announce its intended move from London Stock Exchange plc's AIM market to the Official List of

the UK Listing Authority and Admission to trading on London Stock Exchange plc's main market for

listed securities ("Admission").

The Board believes that the Group has now reached a size where the admission of its

shares to the Official List should provide increased liquidity in Spice's shares and a higher profile

amongst investors which will widen its appeal and enable further growth opportunities.

The Company gives notice under rule 41 of the AIM Rules that the cancellation of admission of the

Company's ordinary shares to trading on AIM ("Cancellation") will take place simultaneously with

the admission of the Company's ordinary shares to the Official List and trading on London Stock

Exchange plc's main market for listed securities, which is expected to become effective at 8.00

a.m. on or around 30 July 2008.

The Company expects to publish its prospectus in connection with Admission in late July 2008.

Cancellation and Admission is conditional, inter alia, on the approval of the Company's prospectus

by the UK Listing Authority and the approval of the applications by both the UK Listing Authority and

London Stock Exchange plc.

- Ends -

Enquiries:
Spice plc Simon Rigby, Chief Executive Officer Oliver Lightowlers, Group Finance Director Andy Catchpole, Group Strategy and Development Director	Tel: [phone]
Financial Dynamics Billy Clegg Caroline Stewart Annie Evangeli	Tel: [phone]
KBC Peel Hunt (Nominated Adviser, Broker and Sponsor) David Anderson Garry Levin Daniel Harris	Tel: [phone]

NOTES TO EDITORS

Spice plc

Spice is a total utility infrastructure support services business. The Group's operations were

founded in 1996 and have their origins in the electricity industry, though the range of activities has

since been expanded into the water sector, niche telecommunications services, statutory gas

inspections, energy management and facilities management. Spice's businesses have a common

theme of delivering and co-ordinating infrastructure services to customers, and the technological

element within the product mix has been built up significantly over the course of the last three

years.

 

END

 

 

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