Cancellation of Admission to

RNS Number : 1834X
TomCo Energy PLC
11 August 2009
 






TomCo Energy Plc

('TomCo' or the 'Company')



Statement re Cancellation of Admission to AIM



TomCo 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.  


TomCo 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


The 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 UtahUSA, with the intention of relisting an enlarged entity on AIMBoth 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


Further details will be posted to TomCo shareholders in due course.


Enquiries:

TomCo Energy plc

Howard Crosby

Stephen Komlosy

 


+44 (0)20 7766 0078




This information is provided by RNS
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