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IVS Inveresk

1.625
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Inveresk LSE:IVS London Ordinary Share GB0004577697 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.625 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Move to AIM

20/12/2002 3:25pm

UK Regulatory


RNS Number:4560F
Inveresk PLC
20 December 2002

                                  INVERESK PLC


                            INTENTION TO MOVE TO AIM

The board of Inveresk PLC ("Inveresk" or "the Company") announces that in order
to facilitate the refinancing of the Company, it intends to move from the
official list of the UK Listing Authority to the Alternative Investment Market
of the London Stock Exchange ("AIM") subject to being able to satisfy the
admission requirements of AIM.  Provided these conditions are satisfied,
Inveresk will apply to the UK Listing Authority to have its listing cancelled
with effect from 8.00 a.m. on 23 January 2003 or as soon thereafter as
practicable.  The Company will also apply to have its issued share capital
admitted to trading on AIM with effect from the same date or as soon thereafter
as practicable.



The Board believes that AIM, with its lower cost of complying with continuing
obligations, is a more appropriate market for the Company given its size and
shareholder base.



KBC Peel Hunt will be appointed as the Company's nominated adviser and broker.



A further announcement in relation to the Board's plans to refinance and
recapitalise the company will be made in due course.





Enquiries
Inveresk PLC
Alan Walker                                020 7240 1234








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

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