Raven Capital Inc
03 April 2006
3 April 2006
Raven Capital Inc.
('Raven Capital' or 'the Company')
Trading Update
Raven Capital was established with a primary objective to build, principally
through acquisitions and joint venture transactions, a group specialising in the
Hedge Fund sector. In the period since 30 September 2005, the Directors have
continued to investigate a number of potential acquisitions and joint venture
opportunities, none of which have been suitable for a variety of reasons.
The Directors of Raven Capital note that the London Stock Exchange has today
suspended trading in the Company's securities on AIM as a consequence of the
Company not having completed a reverse takeover or substantially implemented its
investing strategy in accordance with the timetable specified under AIM Rule 8
relating to investing companies.
The Directors are actively evaluating a number of potential transactions at the
present time and remain confident of identifying a suitable acquisition or joint
venture opportunity to enhance shareholder value by no later than 30 September
2006. A further announcement will be made as and when appropriate.
Enquiries:
John Bick
Tel: 0870 389 6999
This information is provided by RNS
The company news service from the London Stock Exchange
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