UPDATE ON TEMPORARY SUSPENSIO

RNS Number : 7029W

Equest Investments Balkans Ltd

31 July 2009

 



31 July 2009

EQUEST INVESTMENTS BALKANS LIMITED

('EIB' or the 'Company')

UPDATE ON TEMPORARY SUSPENSION OF SHARES

Further to the Company's announcement of 29 June 2009 in respect of the temporary suspension of trading in the Company's ordinary shares due to the delay in completing the audit of its financial statements for the year ended 31 December 2008, EIB today announces that the audited financial statements are now expected to be sent to the Company's shareholders not later than by the end of the week commencing 10 August 2009. The ongoing delay results from the first time consolidation of all the Company's subsidiaries, as well as the need to restate prior year accounts by reference to the required change of accounting policy from US GAAP to IFRS. 

-ENDS-

Enquiries:

Equest Investments Balkans Limited  Tel: + 44 20 7240 7600  Petri Karjalainen  Roger de Bazelaire Naomi Kora	Financial Dynamics  Tel: + 44 20 7831 3113  Nick Henderson  David Cranmer
Collins Stewart Europe Limited (Nomad) Tel: [phone] Hugh Field Adam Cowen	KBC Peel Hunt Limited (Broker)  Tel: + 44 20 7418 8900  Capel Irwin

 

END

 

 

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