IPSA GROUP PLC - Cancellation Of Admission To Aim

Cancellation Of Admission To Aim

IPSA GROUP PLC
(Incorporated and registered in England and Wales)
(Registration Number 5496202)
AIM Share Code IPSA ISIN GB00BOCJ3F01
JSE Share Code IPS ISIN GB00BOCJ3F01

16 September 2016

                           IPSA Group PLC

                     ("IPSA" or the "Company")

                CANCELLATION OF ADMISSION TO AIM

Further to the announcement on 29 February 2016 of the sale of its
sole trading subsidiary, the Company has not concluded an
acquisition or acquisition constituting a reverse takeover.
Furthermore, the period for the Company to clarify its financial
position has now expired and consequently the Company’s shares
will be de-listed from trading on AIM. The Company continues to
seek a sale of its balance of plant in store in Italy. IPSA may wish to
seek to return to the market at a future date when the balance of
plant has occurred and creditors have been paid and a corporate
acquisition has been concluded.

In the meantime, the Directors are exploring ways to realise value
for shareholders by way of a corporate transaction with another UK
entity.

For further information contact:


 Peter Earl, CEO                              +44 (0) 207 793 5600
 IPSA Group PLC

 James Joyce / James Bavister                 +44 (0)20 7220 1666
 W H Ireland Ltd

 Riaan van Heerden,                           +27 (0)21 887 9602
 JSE Sponsor PSG Capital (Pty) Ltd

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