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BRE - Braemore Resources Plc - Suspension Of Trading In Shares On AIM

Release Date: 29/10/2009 09:00
Code(s): BRE
Wrap Text

BRE - Braemore Resources Plc - Suspension Of Trading In Shares On AIM BRAEMORE RESOURCES PLC (A company incorporated in England and Wales with Registration Number 5350550) (South African registration number: 2008/013973/10) Share code on the JSE Limited: BRE Share code on AIM: BRR ISIN: GB00B06GJQ01 ("Braemore") Suspension of Trading in Shares On 7 October 2009 Braemore announced that its shareholders had approved the proposal for the acquisition by Jubilee Platinum plc of the whole of the issued and to be issued ordinary share capital of Braemore to be implemented by way of scheme of arrangement under Part 26 of the Companies Act 2006 (the `Scheme`). The shares in Braemore have been suspended from trading today on AIM pending the Court hearing being held today to sanction the Scheme. The shares will continue to trade on the JSE Limited but it is anticipated that their listing on the JSE Limited will terminate with effect from the commencement of business on Monday, 2 November 2009 should all the Conditions to the Scheme be satisfied. Enquiries: Leon Coetzer Braemore Resources plc Tel +27 (0)11 465 1913 David Russell Braemore Resources plc +61 (0) 416 377 157 Dennis Tucker Qinisele Resources (Pty) Limited Tel +27 (0) 82 492 4957 Sharon Owens / Brian Chistie Sasfin Capital Tel +27 (0) 11 809 7500 Louise Goodeve / Leah Kramer Walbrook PR Tel +44 (0) 207 933 8780 James Joyce WH Ireland Limited Tel +44 (0) 207 220 1666 Nicola Taylor Russell and Associates Tel +27 (0) 11 880 3924 London 29 October 2009 Sponsor Sasfin Capital (A division of Sasfin Bank Limited) Date: 29/10/2009 09:00:24 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.