RNS Number:3480S
INCAT International PLC
07 October 2005
INCAT International Plc (the "Company")
Cancellation of admission (the "Cancellation")
7 October 2005
The Company announces that it has applied to the London Stock Exchange for the
cancellation of admission of the Company's shares to the Alternative Investment
Market ("AIM"). In accordance with the rules of AIM, it is anticipated that the
Cancellation will take effect from 8.00 a.m on 4th November 2005.
This follows the announcement on 4th October 2005 that the offer by Close
Brothers Corporate Finance Limited on behalf of Tata Technologies, Inc. (an
indirect subsidiary of Tata Motors Limited), to acquire the whole of the issued
and to be issued share capital of the Company (the "Offer") was unconditional in
all respects and that it intended to procure that the Company applied for
cancellation of the trading of the Company's shares on AIM.
Shareholders of the Company who have not accepted the Offer should note that the
Cancellation is likely to reduce significantly the liquidity and marketability
of the Company's shares.
Enquiries:
INCAT
Ulrich Herter +1 248 426 1740
(Chief Executive Officer)
David Myers +44 117 970 9724
(Finance Director)
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