Update
August 10 2006 - 8:50AM
UK Regulatory
RNS Number:5140H
GruppeM Investments PLC
10 August 2006
For immediate release
10 August 2006
GRUPPEM INVESTMENTS PLC
(LSE: GRP, 'GruppeM' or the 'Company')
Change of accounting reference date and update on transaction
GruppeM today announces, in accordance with Rule 17 of the AIM Rules, that it
has changed its accounting reference date from 31 July to 31 December.
GruppeM is in the final stages of agreeing terms for an acquisition within the
motor retailing sector in China, in-line with the Company's investing strategy.
The Directors expect to announce terms for the proposed acquisition, which would
represent a reverse takeover under the AIM Rules and be subject to
shareholders'approval, by the end of September 2006.
The Company expects that, on publication of an admission document in respect of
the reverse takeover, suspension of trading in the ordinary shares on AIM will
be lifted.
END
For more information please contact:
GruppeM Investments PLC
Kenny Chen/Paul McIlwaine
Tel: +44 (0) 207 233 2952
Shore Capital and Corporate Limited
Alex Borrelli
Tel: +44 (0) 207 408 4090
Further information on GruppeM Investments PLC can be found on the Company's
website: www.gruppemplc.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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