Application for Cancellation of Aim Listing
23 Septiembre 2010 - 10:22AM
UK Regulatory
TIDMCTS TIDMCTS TIDMCTSU
RNS Number : 2235T
Catalytic Solutions, Inc.
23 September 2010
+-------------------------------+------------------------------------+
| For Immediate Release | 23 September 2010 |
+-------------------------------+------------------------------------+
Catalytic Solutions, Inc.
(the "Company")
Application for cancellation of AIM Listing
Catalytic Solutions, Inc. ("CSI") (AIM: CTS and CTSU), the Company behind Mixed
Phase Catalyst (MPC ) technology hereby gives notice that, further to its press
release of 14 May 2010 regarding its merger with Clean Diesel Technologies, Inc.
("CDTI") and as further detailed in the S-4/A registration document filed with
the US regulators, pursuant to Rule 41 of the AIM Rules the Company intends to
cancel the admission to trading of the Company's issued ordinary share capital
on the AIM market of the London Stock Exchange.
It is currently expected that the admission to trading on AIM of the Company's
common shares of no par value (under both CTS and CTSU ticker symbols) will be
cancelled, effective at 8:00 a.m. BST on Monday 18 October 2010, subject to the
merger becoming effective.
Upon completion of the SEC review of the S-4/A registration statement regarding
the proposed merger with CDTI, CSI will provide a further update.
For further details please contact:
+---------------------------+------------------+--------------------+
| Catalytic Solutions, Inc. | Canaccord | Buchanan |
| Charlie Call, Chief | Genuity Limited | Communications |
| Executive Officer | Robert Finlay | Charles Ryland |
| Tel: +1 (805) 639-9463 | Guy Blakeney | Christian Goodbody |
| Steve Golden, Chief | | |
| Technical Officer | | |
| Tel: +1 (805) 639-9464 | | |
| Nikhil Mehta, Chief | Tel: 020 7050 | Tel: 020 7466 5000 |
| Financial Officer | 6500 | |
| Tel: +1 (805) 639-9461 | | |
+---------------------------+------------------+--------------------+
About Catalytic Solutions, Inc.
Catalytic Solutions, Inc. is a global manufacturer and distributor of emissions
control systems and products, focused in the heavy duty diesel and light duty
vehicle markets. The Company's emissions control systems and products are
designed to deliver high value to its customers while benefiting the global
environment through air quality improvement, sustainability and energy
efficiency. Catalytic Solutions, Inc. is listed on AIM of the London Stock
Exchange (AIM: CTS and CTSU) and currently has operations in the USA, Canada,
France, Japan and Sweden as well as an Asian joint venture.
A copy of this release is available on CSI's website at
www.catalyticsolutions.com.
Canaccord Genuity Limited, which is authorised and regulated by the Financial
Services Authority, is not acting for any other person in connection with the
matters referred to in this announcement and will not be responsible to anyone
other than CSI for providing the protections afforded to clients of Canaccord
Genuity Limited or for giving advice in relation to the matters referred to in
this announcement.
The material set forth herein is for informational purposes only and is not
intended, and should not be construed, as an offer of securities for sale into
the United States or any other jurisdiction. The securities of CSI described
herein have not been registered under the U.S. Securities Act of 1933, as
amended (the "Securities Act"), or the laws of any state, and may not be offered
or sold within the United States, except pursuant to an exemption from, or in a
transaction not subject to, the registration requirements of the Securities Act
and applicable state laws. There is no present intention to register CSI's
securities in the United States or to conduct a public offering of securities in
the United States. A preliminary information statement in the form to be
provided to CSI's shareholders in connection with the proposed Merger is
included in a registration statement on Form S-4 which was initially filed by
CDTI with the U.S. Securities and Exchange Commission on 14 May 2010, and
amended on 22 July 2010, 30 August 2010 and 15 September 2010.
This announcement and the information contained herein include forward-looking
statements relating to CSI and CDTI. Forward-looking statements are identified
by words such as "believe," "anticipate," "expect," "intend," "plan,"
"will," "may," "should," "could," "think," "estimate" and
"predict," and other similar expressions. In addition, any statements that
refer to expectations, projections or other characterisations of future events
or circumstances are forward-looking statements. Such statements reflect the
relevant company's current views with respect to future events and are subject
to risks, assumptions and uncertainties that could cause the actual results to
differ materially from those expressed or implied in the forward-looking
statements. Many of these risks, assumptions and uncertainties relate to factors
that are beyond the companies' abilities to control or estimate precisely, such
as future market conditions, changes in general economic and business
conditions, introduction of competing products and services, lack of acceptance
of new products or services and the behaviour of other market participants.
The board directors of CSI accepts responsibility for all the information
contained in this Announcement except for that information regarding CDTI, for
which it accepts no responsibility. To the best of the knowledge and belief of
the board directors of CSI (who have taken all reasonable care to ensure that
such is the case), the information contained in this document for which they are
responsible is in accordance with the facts and does not omit anything likely to
affect the import of such information.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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