IPO Update
30 Juillet 2010 - 7:16PM
UK Regulatory
TIDMPMS
RNS Number : 3134Q
Palmaris Capital PLC
30 July 2010
30 July 2010
Palmaris Capital Plc
("Palmaris" or the "Company")
IPO Update
The Board of Palmaris notes the announcement released today by Scottish
Resources Group Limited ("SRG"), which stated "notwithstanding a well received
road show to institutional investors in a challenging market for initial public
offerings, the selling shareholders in SRG have decided that marketing
securities should be paused for the summer. The selling shareholders intend the
process to re-commence after summer". Accordingly, the Company expects to update
the market as and when appropriate and in any event by early Q4, 2010.
+------------------------------------+------------------------------------+
| For further information contact: | |
| | |
+------------------------------------+------------------------------------+
| Greg Melgaard, Managing Director | 07799 657 553 |
| www.palmariscapital.com | |
| | |
+------------------------------------+------------------------------------+
| John Llewellyn-Lloyd/Harry | 0207 456 9191 |
| Stockdale, Execution Noble & | |
| Company Limited | |
| (Nominated Adviser) | |
+------------------------------------+------------------------------------+
Ends
This information is provided by RNS
The company news service from the London Stock Exchange
END
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