Temporary Suspension
27 Fevereiro 2007 - 12:45PM
UK Regulatory
RNS Number:9685R
VTR PLC
27 February 2007
VTR Plc ("VTR" or the "Company")
Suspension of Trading in Ordinary Shares
The Company announces that the annual audited accounts to 31 August 2006 will
not be finalised in time to send to shareholders by 28 February 2007.
Accordingly, the Company confirms that it will not be able to comply with Rule
19 of the AIM Rules requiring an AIM Company to send its accounts to
shareholders not later than six months after the end of the financial year to
which they relate.
The Company's ordinary shares will therefore be suspended with immediate effect.
The dealing facility will be restored as soon as the audited accounts for the
period ended 31 August 2006 are published and this is expected to be the case
shortly.
Following the investment made by Prime Focus Limited in April 2006 and the
acquisition of Clear (Post Production) Limited in July 2006, the Board has been
aggressively restructuring the Company's businesses and this process is now
nearly completed. The Directors expect that as a result of this action the
Company will benefit from substantial cost savings in the current financial
year, leading to a significant improvement in the results of the Company.
27 February 2007
Enquiries:
VTR plc 020 7437 0026
Neil Lane
Managing Director
Anshul Doshi
Finance Director
Charles Stanley Securities 020 7149 6457
Philip Davies
This information is provided by RNS
The company news service from the London Stock Exchange
END
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