Temporary Suspension
April 26 2010 - 10:30AM
UK Regulatory
TIDMIGD
RNS Number : 7993K
IncaGold Plc
26 April 2010
IncaGold plc (the "Company")
Temporary Suspension of Trading on AIM
Following the recent share price rise, the Company confirms that, in line with
its investment strategy as set out in the circular sent to shareholders on 30
November 2009, it has signed a pre-contractual heads of terms agreement with a
third party. The third party's business is in the renewable energy sector. The
transaction is at a very early stage and is subject to the usual due diligence
procedures.
However, the transaction envisaged by the heads of terms is likely to constitute
a reverse takeover under the AIM Rules and consequently the Company has today
requested that its ordinary shares be suspended from trading on AIM.
Shareholders will be advised of all developments in relation to the proposed
acquisition and the resumption of trading when such information is available.
Restoration of trading will be conditional on the publication of an admission
document or termination of talks.
Contact:
IncaGold plc
Justin Martin, Director
Tel: +44(0)1624 820040
Website: www.incagoldplc.com
Zeus Capital Limited
Ross Andrews
Tom Rowley
Tel: +44(0)161 8311512
Website: www.zeuscapital.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
END
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