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Equest Inv Balkans (TBI)

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Monday 29 June, 2009

Equest Inv Balkans

Temporary Suspension of Tradi

RNS Number : 6186U
Equest Investments Balkans Ltd
29 June 2009
 




29 June 2009 

EQUEST INVESTMENTS BALKANS LIMITED

(the 'Company')


Temporary Suspension of Trading in Ordinary Shares 


The Company reports that the audit of the Group's financial statements for the year ended 31 December 2008 has not yet been completed. In the main, this situation results from the first time consolidation of all the Company's subsidiaries, as well as the need to restate prior year accounts relating to the required change of accounting policy from US GAAP to IFRS. These delays have been further compounded by steps taken to restructure certain loan facilities for TechnomarketDomowhich remain ongoing. 

As a consequence, in accordance with AIM Rules, the trading of all the Ordinary Shares of the Company has been temporarily suspended, pending the publication of the Company's audited financial statements for the year ended 31 December 2008, which are now expected to be sent to Shareholders in the week commencing 27 July 2009. 



-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: +44 20 7523 8350

Hugh Field

KBC Peel Hunt Limited (Broker) 

Tel: + 44 20 7418 8900 

Capel Irwin





This information is provided by RNS
The company news service from the London Stock Exchange
 
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