TIDMGON

RNS Number : 0376T

Galleon Holdings PLC

01 October 2014

1 October 2014

Galleon Holdings plc

("Galleon" or the "Company")

Suspension

The Company announces that it has not implemented its investing policy nor completed an acquisition which constitutes a reverse takeover under the AIM Rules. Accordingly, pursuant to the AIM rules, its shares will be suspended with effect from 7:30 a.m. today. The Board is exploring a number of options and is optimistic that a transaction can be effected in the next six months.

Enquiries:

 
 Galleon Holdings plc 
  Ashar Qureshi                    +44 20 7529 3737 
 Nominated Adviser 
  Cairn Financial Advisers LLP 
  James Caithie / Avi Robinson     +44 20 7148 7900 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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