Update re suspension of shares (1118P)

TIDMREAL

RNS Number : 1118P

Real Office Group PLC

28 September 2011

Update re suspension of shares and forthcoming cancellation from trading on AIM

The Board of Real Office Group plc (the "Company") wishes to update shareholders on the future of the Company. The Company's shares were suspended from trading on 14 April 2011.

Since its principal subsidiary, Pacific Interiors Limited was placed in administration in May 2011 the Board has been focusing on the disposal of its minority interest in an associated company, Pacific Interiors India Private Limited (PIIL) and on reaching settlements with creditors before seeking another purpose for the Company. The disposal of PIIL has still not been concluded and it has therefore not been possible to propose another purpose for the Company to shareholders for approval.

The Board continues its efforts to resolve the position in the hope that the Company's shares can continue to be traded on AIM.

Further announcements will be made in due course.

Enquiries

 
Real Office Group plc      Tel: 020 7822 1175 
 Roger Smee, Chairman 
Nominated Adviser          Tel: 020 7148 7901 
 Cairn Financial Advisers 
 LLP 
 Tony Rawlinson

This information is provided by RNS

The company news service from the London Stock Exchange

END

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