DMR Dimension Res.S

0.40

0.00 (0.00%)

20 Jun 2024 - Closed

Delayed by 15 minutes

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Dimension Res.S	LSE:DMR	London	Ordinary Share	BMG276151062	ORD 0.1P

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	0.00	0.00%	0.40						0.00	01:00:00

Industry Sector	Turnover	Profit	EPS - Basic	PE Ratio	Market Cap
	0	0		N/A	0

Suspension of SA operations

23/03/2005 10:32am

UK Regulatory

RNS Number:1150K
Dimension Resources Ld
23 March 2005

RNS ANNOUNCEMENT

DIMENSION RESOURCES LIMITED

Suspension of South African operations



The directors of Dimension Resources have decided to suspend activities
undertaken in South Africa through its wholly owned subsidiary, Natural Stone
Industries Limited. The exchange rate between the South African Rand, in which
costs are denominated, and the US Dollar, in which sales are priced, has made it
impossible for NSI to operate profitably at this time.



The directors have given a power of attorney to professional advisers in South
Africa authorising them to sell such of the group's assets there as will satisfy
local creditors. When this is achieved the directors intend to review the
position with a view to deciding the best way to increase value for
shareholders.



23 March 2005


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