Suspension of Shares
01 Abril 2009 - 12:00AM
UK Regulatory
TIDMSOO
RNS Number : 8600P
Southampton Leisure Holdings PLC
01 April 2009
1 April 2009
Southampton Leisure Holdings plc ("SLH" or "the Company")
Update
The Company is currently in discussions with a number of parties concerning the
injection of additional finance into its business. Unless this funding is
secured, the Company will be unable to continue as a viable business for the
forthcoming 12 months and is therefore unable to publish half yearly report to
31 December 2008 by 31 March 2009 which it is required to do under the AIM
Rules.
Under the AIM Rules, a company that does not publish its half yearly report
within 3 months of the period end will have its shares automatically suspended.
The Directors expect that the Company will not be able to sign-off its half
yearly report for the six months ended 31 December 2008 until the completion of
a re-financing. As noted above, the Company is not in a position to publish its
half yearly report to 31 December 2008 by 31 March 2009 and, as a consequence,
its shares will be suspended from trading on the AIM market of the London Stock
Exchange plc, pending publication of its healf yearly report for the six months
ended 31 December 2008."
For further information:
+-------------------------------------------------------------------+---+--------------------------------------+
| Southampton Leisure Holding plc | | |
+-------------------------------------------------------------------+---+--------------------------------------+
| David Jones | | Tel: 0845 688 9448 |
+-------------------------------------------------------------------+---+--------------------------------------+
| | | |
+-------------------------------------------------------------------+---+--------------------------------------+
| Seymour Pierce | | |
+-------------------------------------------------------------------+---+--------------------------------------+
| Paul Davies | | Tel: 020 7107 8000 |
+-------------------------------------------------------------------+---+--------------------------------------+
| | | |
+-------------------------------------------------------------------+---+--------------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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