ASB Asbisc

RNS Number:2301O
ASBISc Enterprises PLC
18 February 2008


                                                      Limassol February 18, 2008

                             ASBISc Enterprises PLC
                           ("ASBIS" or the "Company")

THE COMPANY HAS FILED APPLICATION TO AIM AUTHORITIES TO CANCEL ITS LISTING ON
AIM

Asbis to cancel AIM listing

Following the successful listing of ASBISc Enterprises PLC on the Warsaw Stock
Exchange in October 2007, the Company has decided to cancel its AIM listing with
effect from 18th March 2008 in order to consolidate all liquidity to a single
exchange.

The Company's ordinary shares trade and will continue to trade on the main
market of the Warsaw Stock Exchange in Warsaw (Bloomberg ticker - ASB PW, WSE
ticker - ASB). UK holders of the Company's ordinary shares can trade through any
member broker of the Warsaw Stock Exchange, including appropriate UK Brokers,
subject to certain procedural requirements.

The Company would like to express its gratitude to AIM for the support they have
shown to ASBIS during its short listing on the market.

For more information please contact:

Magda Koodziejczyk, M+G
Ph: (22) 625 71 40, 0501 16 88 07
e-mail: magda.kolodziejczyk@mplusg.com.pl

Costas Tziamalis, ASBISc Enterprises Plc.
ph : 00357 25 857000
e-mail : costas@asbis.com

David Newton, Seymour Pierce Limited
Ph: 00 44 207 107 8000

ASBIS is one of the leading distributors of IT products in Central and Eastern
Europe, the Baltic States, the Former Soviet Union, the Middle East and North
Africa. The Company is incorporated in Cyprus, and its shares are already listed
on the AIM market in London.

The ASBIS Group combines a broad geographical reach with a wide range of
products distributed on a "one-stop-shop" basis. Additionally, the Company
distributes its private labels, Canyon and Prestigio. As at 31 December 2006,
ASBIS provided its services to over 14 thousand customers in approximately 70
countries.

The Group is a strong and reliable partner for leading international suppliers
of IT components, including Intel, AMD, Seagate, Samsung, Microsoft, Hitachi and
Toshiba, in most if the regions of its presence.

The revenues of ASBIS in H1 2007 were USD 540m (unaudited), a 26.7% growth in
comparison to H1 2006. The Company recorded a net profit of USD 3.2m
(unaudited), a 27.4% increase in comparison to the same period in 2006.

For the year ended 31 December 2006, ASBIS revenues exceeded USD 1.0bn and net
profit was USD 11.1m.

For more information, visit also the company's website at www.asbis.com




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

END
MSCEVLFFVLBBBBB

Asbisc (LSE:ASB)
Historical Stock Chart
From May 2024 to Jun 2024

Asbisc (LSE:ASB)
Historical Stock Chart
From Jun 2023 to Jun 2024