PFIT Pressfit

TIDMPFIT

RNS Number : 5064Z

Pressfit Holdings PLC

11 December 2014

11 December 2014

Pressfit Holdings plc

("Pressfit" or the "Company")

Possible share suspension

The Board of Pressfit holdings PLC notes the announcement on 28(th) November by Daniel Stewart Securities plc that Daniel Stewart & Co plc will cease to be a Nominated Adviser from the close of business on Friday 12(th) December 2014. The Company is unlikely to be able to appoint a new Nominated Adviser before this time and in which case, pursuant to AIM Rule 1, trading in Pressfit's shares will be suspended at 7.30 am on Monday 15(th) December 2014.The Company will continue to seek a new Nominated Adviser, and will also consider applying for the shares to be traded on an alternative market.

Enquiries:

 
Pressfit Holdings plc 
Chiu Yung Kit (Henry Chiu)                         +852 2207 0235 
 
 
Daniel Stewart & Company Plc (Nominated Adviser) 
Paul Shackleton / Alex Brearley                    +44 (0) 207 776 6550 
 
Daniel Stewart & Company Plc (Broker) 
Martin Lampshire                                   +44 (0) 207 776 6550 
 
First City Public Relations 
Allan Piper                                        +852 2854 2666 
 

About Pressfit Holdings plc.

Pressfit Holdings is engaged in the manufacture and distribution of stainless and carbon steel pressfittings for use within industrial and residential piping systems. Pressfitting is a method of mechanically joining metal pipes to a connector, to create a reliable sealed joint. Pressfit Holdings, through its wholly-owned subsidiaries (collectively the "Group"), uses bespoke tooling to manufacture high-precision, thin-walled pipe connectors for supply to the European, Asian and Chinese markets. The Group's management and sales functions operate from Hong Kong. The Group's manufacturing unit is a production line facility in nearby Zhuhai, within Guangdong province in China.

This information is provided by RNS

The company news service from the London Stock Exchange

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