Statement re Suspension
July 09 2008 - 9:15AM
UK Regulatory
RNS Number : 7009Y
Greatfleet PLC
09 July 2008
For immediate release 9 July 2008
Greatfleet plc
('Greatfleet' or the 'Company')
Statement re Suspension
The Board of Greatfleet today announces that it has requested, and the London Stock Exchange has granted, a suspension of the Company's
shares from trading on AIM with immediate effect. This suspension has been requested pending clarification of the Company's financial
position on which the Board is currently taking advice.
The current situation has arisen following recent difficult trading and the failure of the Company to agree repayment terms with a major
creditor. As a consequence the Board is concerned that the Company may not have sufficient working capital for its current requirements.
The Board will make further announcements at the earliest opportunity.
For further information please contact:
Greatfleet plc Tel: 0845 881 0700
Colin Gerstein, Chief Executive Officer
Noble & Company Limited Tel: 0207 763 2200
Nick Naylor/ Nick Athanas
This information is provided by RNS
The company news service from the London Stock Exchange
END
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