Statement re suspension

 

TIDMRGY 
 
RNS Number : 6195W 
ReEnergy Group PLC 
31 July 2009 
 

 
 
31 July 2009 
 
 
 ReEnergy Group plc 
 
 
("ReEnergy" or the "Company") 
 
 
Statement re suspension 
 
 
The Board of the Company announces that, pursuant to rule 15 of the AIM Rules 
for Companies ("AIM Rules"), the Company's ordinary shares will be suspended 
from trading on AIM with effect from 7 a.m., on 31 July 2009 as the Company has 
been unable to implement its investing strategy by 30 July 2009, this being the 
anniversary of the Extraordinary General Meeting of the Company at which 
shareholders gave consent to the Company's investing strategy. 
 
 
The Company structure has recently been changed and the new board of directors 
are actively pursuing acquisition opportunities for the Company and will make 
further announcements where appropriate. 
 
 
Under rule 41 of the AIM Rules, ReEnergy has until 31 January 2010 to complete 
an acquisition or investment that constitutes a reverse takeover under the AIM 
Rules in line with the Company's previously announced investment strategy. In 
the event that such an acquisition is not been made by the Company by 31 January 
2010 trading in the Company's shares on AIM will be cancelled. 
 
 
For further information please contact: 
 
 
 
 
+--------------------------------------+--------------------------------------+ 
| ReEnergy Group plc                   |                                      | 
+--------------------------------------+--------------------------------------+ 
| Jonathan Allen                       | Tel:  [phone]            | 
+--------------------------------------+--------------------------------------+ 
| Non-Executive Director               |                                      | 
+--------------------------------------+--------------------------------------+ 
|                                      |                                      | 
+--------------------------------------+--------------------------------------+ 
| HB Corporate Limited                 |                                      | 
+--------------------------------------+--------------------------------------+ 
| Imran Ahmad / Nick Athanas           | Tel:  [phone]            | 
+--------------------------------------+--------------------------------------+ 
|                                      |                                      | 
+--------------------------------------+--------------------------------------+ 
 
 
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This information is provided by RNS 
            The company news service from the London Stock Exchange 
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