Information  X 
Enter a valid email address

Probus Estates PLC (PBE)

  Print      Mail a friend

Thursday 24 June, 2004

Probus Estates PLC

Annual Report and Accounts

Probus Estates PLC
24 June 2004

PROBUS ESTATES PLC ('Probus' or the 'Company')

The Directors of Probus announce that the Company will be unable to issue its
annual accounts for the year to 31 December 2003 before 30 June 2004, the latest
date allowable under the AIM Rules.

An announcement dated 26 February 2004 referred to the Company's standstill
agreement with its principal creditor, Uni-Invest Holding B.V. ('Uni-Invest'),
which expires on 30 June 2004.  Discussions are continuing with Uni-Invest.

Following the expiry of the standstill agreement, and until a new agreement
(which is currently under negotiation) is finalised, there is uncertainty over
the basis on which Probus could issue its annual results to 31 December 2003.

In light of the above, the Company understands that AIM will suspend trading in
its shares with immediate effect in order to preserve an orderly market.

A further announcement will be made in due course if appropriate.

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

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