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Equest Inv Balkans (TBI)

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Friday 31 July, 2009

Equest Inv Balkans

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 2008EIB 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: +44 20 7523 8350

Hugh Field

Adam Cowen

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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