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BRE
BRE
BRE - Braemore Resources Plc - Suspension Of Trading In Shares On AIM
BRAEMORE RESOURCES PLC
(A company incorporated in England and Wales with Registration Number 5350550)
(South African registration number: 2008/013973/10)
Share code on the JSE Limited: BRE
Share code on AIM: BRR ISIN: GB00B06GJQ01
("Braemore")
Suspension of Trading in Shares
On 7 October 2009 Braemore announced that its shareholders had approved the
proposal for the acquisition by Jubilee Platinum plc of the whole of the issued
and to be issued ordinary share capital of Braemore to be implemented by way of
scheme of arrangement under Part 26 of the Companies Act 2006 (the `Scheme`).
The shares in Braemore have been suspended from trading today on AIM pending the
Court hearing being held today to sanction the Scheme. The shares will continue
to trade on the JSE Limited but it is anticipated that their listing on the JSE
Limited will terminate with effect from the commencement of business on Monday,
2 November 2009 should all the Conditions to the Scheme be satisfied.
Enquiries:
Leon Coetzer
Braemore Resources plc
Tel +27 (0)11 465 1913
David Russell
Braemore Resources plc
+61 (0) 416 377 157
Dennis Tucker
Qinisele Resources (Pty) Limited
Tel +27 (0) 82 492 4957
Sharon Owens / Brian Chistie
Sasfin Capital
Tel +27 (0) 11 809 7500
Louise Goodeve / Leah Kramer
Walbrook PR
Tel +44 (0) 207 933 8780
James Joyce
WH Ireland Limited
Tel +44 (0) 207 220 1666
Nicola Taylor
Russell and Associates
Tel +27 (0) 11 880 3924
London
29 October 2009
Sponsor
Sasfin Capital (A division of Sasfin Bank Limited)
Date: 29/10/2009 09:00:24 Produced by the JSE SENS Department.
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