Further MarineTrack Delay
26 Septiembre 2007 - 10:52AM
UK Regulatory
RNS Number:5546E
Zyzygy PLC
26 September 2007
Zyzygy plc ("Zyzygy" or the "Company")
26 September 2007
Further MarineTrack Delay
The directors of Zyzygy Plc announce that whilst the intended IPO of their
investee company MarineTrack plc ("MarineTrack") is proceeding, they have
decided to delay the process until a decision has been made in respect of
certain major contract negotiations currently being undertaken by MarineTrack
and the effect of that decision on MarineTrack's valuation becomes clear. The
Zyzygy directors believe that a decision will be taken within the next two weeks
following which the Company expects to complete the AIM admission process.
For further information:
Zyzygy plc
Duncan Lipscombe, Chairman
01799 550 265
Grant Thornton Corporate Finance
Colin Aaronson, Nominated Adviser
020 7383 5100
This information is provided by RNS
The company news service from the London Stock Exchange
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