Suspension of Listing Timetable (8453S)

TIDMNLD

RNS Number : 8453S

Nordic Land PLC

28 November 2011

Nordic Land

("Nordic Land" or the "Company")

Suspension of Listing Timetable

Further to the announcement of 20 April 2011 the Board of Nordic Land announces that the Company's shares will be suspended with effect from 7.30 a.m. on 28 November 2011.

As previously announced the Directors intend to distribute the net cash resources of the Company by way of two distributions. The first of these, amounting to 10.5p per share, was made on 11 February 2011 and the second, amounting to an estimated 12 p per share, is expected to be made in the second quarter of 2012.

It is expected that cancellation of the listing of the Company's shares will take place six months following the date of suspension.

For further information please contact:

Nordic Land plc

   Ray Horney                                                                 [phone] 

SP Angel Corporate Finance LLP

   Robert Wooldridge/ Tercel Moore                              [phone] 

Matrix Corporate Capital LLP

   Stephen Mischler                                                        [phone] 

Bankside Consultants

   Simon Rothschild                                                       [phone] 

This information is provided by RNS

The company news service from the London Stock Exchange

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