ECV Eco City

TIDMECV

RNS Number : 3196G

Eco City Vehicles PLC

03 March 2015

3 March 2015

Eco City Vehicles PLC

("Eco City", "ECV" or the "Company")

Return from Suspension

The board of directors of the Company (the "Board") is pleased to confirm that the Company's ordinary shares of 1 penny each ("Shares") have today been admitted to trading on AIM. This follows the successful completion of the refinancing and capital restructuring (as described in the announcement of 26 February 2015 (the "Announcement")) and the lifting of the suspension of trading in the Company's Shares with effect from 8.00am today. All elements outlined in the Announcement are now in effect.

The Company has a total of 28,770,692 Shares in issue and admitted to trading on AIM.

John Swingewood, Chairman of the Company, commented:

"The return to trading of the Shares completes the first phase of achieving value for shareholders after a difficult period. The Board and its advisors are actively seeking to identify suitable acquisition targets: companies in the media and technology sectors, with solid business models and attractive growth prospects."

Enquiries:

Eco City Vehicles plc

   John Swingewood, Director                                                      +44 1444 440 359 

Allenby Capital Limited (Nominated adviser and Broker)

   Nick Harris/Nick Naylor                                                            +44 20 3328 5656 

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCEAPDAEFKSEFF

Eco City (LSE:ECV)
Historical Stock Chart
From Apr 2024 to May 2024

Eco City (LSE:ECV)
Historical Stock Chart
From May 2023 to May 2024