Grand Group Investment PLC Statement re. Suspension (5681C)

TIDMGIPO

RNS Number : 5681C

Grand Group Investment PLC

29 June 2016

Grand Group Investment PLC

("Grand Group", the "Company" or the "Group")

29 June 2016

Statement re: suspension of trading in the Company's shares on AIM

The board of directors of Grand Group Investment plc announce that, due to delays by its two portfolio companies in producing their accounts, it has become apparent that the Company will not be in a position to publish its own audited report and accounts for the year ended 31 December 2015 by 30 June 2016 in accordance with rule 19 of the AIM Rules for Companies. As a result, the Company's shares will be suspended from trading on AIM as of 7:30 a.m. today. The suspension will remain in place until the Company's audited report and accounts for the year ended 31 December 2015 have been published. The Company will update the market in due course.

For further information:

 
  Grand Group Investment PLC 
 James Newman, Non-Executive         Tel: +44 (0) 20 
  Chairman                                 7398 7710 
                               www.grandgroupplc.com 
 
 
 ZAI Corporate Finance Limited 
 Ray Zimmerman / Songdi Lin      Tel: +44 (0) 20 
  (Nomad and Broker)                   7060 2220 
                                   www.zaicf.com 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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June 29, 2016 02:00 ET (06:00 GMT)