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Keycom PLC (KCO)

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Thursday 28 November, 2013

Keycom PLC

Proposed Delisting from the ISDX Growth Market

28 NOVEMBER 2013

                                  KEYCOM PLC                                   
                                ("the Company")                                


Keycom Plc announces today its intention to withdraw its shares from trading on
the ISDX Growth Market ("ISDX").

Following discussions with major shareholders the directors received
irrevocable undertakings to approve a resolution proposing the withdrawal in
respect of 5,208,525 shares representing 75.36% of the total voting rights in
the Company and accordingly, pursuant to Rule 81.2 of the ISDX Rules for
Issuers, have applied to and received from ISDX a derogation from the
requirement to convene a General Meeting to obtain shareholder approval in
relation to the withdrawal.

Reasons for withdrawal

The Company's shares have been listed on ISDX and its predecessor market since
2001 in order to provide a platform for equity fundraising and a mechanism for
shareholders to buy and sell shares. However, the regulatory and other costs
associated with an equity fundraising through a general offer mean that in
practice such a listing is not economic for the Company in view of its small
size. The shares have been traded sporadically and in very small volumes,
without offering shareholders any meaningful liquidity. Accordingly, the
Directors have determined that the administrative requirements and costs
associated with maintaining a listing on ISDX can no longer be justified.
Should any shareholders wish to dispose of their shares, they should contact
the Company Secretary at the registered office, University Court, Staffordshire
Technology Park, Stafford ST18 0ES and the Company will endeavour to match
vendors with potential purchasers of the shares offered.

Provision of Information

The Directors are aware that shareholders attach considerable importance to the
regular receipt of information, and accordingly confirm their intention to
continue to provide to shareholders both interim and full year financial
statements and to hold an AGM in London, as previously. In addition, the
Directors will continue to consider questions raised and suggestions made by
shareholders throughout the year.

Timetable and Other Matters

Notwithstanding the derogation referred to above, under ISDX Rules the Company
is required to announce its intention to withdraw its shares from trading on
ISDX and give 20 business days' notice. Publication of this Announcement
constitutes such an announcement of the Company's intention, and accordingly it
is expected that trading in the Company's shares on ISDX will cease at 12:30pm
on 31 December 2013. At the same time the Company's shares will be withdrawn
from Crest and in due course share certificates will be issued.

A copy of this announcement will be posted to each shareholder.

The Directors of the Company accept responsibility for this announcement.

                               ----- ENDS -----                                

For further information please contact:

Keycom plc
Meri Braziel, Chief Executive
Tel: +44 1785717427

a d v e r t i s e m e n t