Further re: Share Price Movement
01 Juin 2009 - 10:02AM
UK Regulatory
TIDMMEQ
1 June 2009
Microcap Equities Plc
(the "Company")
Further re: Share Price Movement
Further to the announcement made on 12 May 2009, the Company announces that the
negotiations referred to in the announcement are ongoing. There is no guarantee
that these negotiations will result in a transaction involving an equity
investment being concluded. However, in the event that the parties involved in
these discussions make an equity investment into the Company it is likely that
this investment would be made at a significant discount to the current
middle-market share price of 0.26p per share, being the price at close of
business on 29 May 2009. A further announcement will be made in due course.
For enquiries:
Microcap Equities Plc 020 7247 9691
Nicolas Greenstone 020 8371 3071
Rakesh Patel
John East & Partners Limited, a subsidiary of Merchant 020 7628 2200
Securities PLC
Bidhi Bhoma
END
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