Ipso Ventures PLC Stmnt re Share Price Movement (8043V)
17 Gennaio 2013 - 2:09PM
UK Regulatory
TIDMIPS
RNS Number : 8043V
Ipso Ventures PLC
17 January 2013
IPSO Ventures plc
("IPSO" or the "Company")
Statement re share price movement
The Board of IPSO notes today's movement in the Company's share
price on AIM and confirms that they are not aware of any reason
that would lead to such a movement in the Company's share
price.
As announced by the Company on 14 January 2013, IPSO
shareholders in a general meeting approved, inter alia, the
demerger of IPSO Management (including the IPSO Investment
Portfolio) from the Company and the Subscription for new Ordinary
Shares and Convertible Loan Notes. These proposals remain
conditional on confirmation of the Reduction of Capital by the
Court. The Hearing Date is scheduled to take place on 30 January
2013 and the Reduction of Capital is expected to become effective
on 31 January 2013.
The Company's annual general meeting to, inter alia, approve the
Company's annual report and accounts for the year ended 30 April
2012 is to be held at 10:30 a.m. on 21 January 2013 at the offices
of DMH Stallard LLP, 6 New Street Square, New Fetter Lane, London,
EC4A 3BF.
The Company also expects, in accordance with rule 18 of the AIM
Rules for Companies, to publish its interim results for the six
months ended 31 October 2012, by no later than 31 January 2013.
Further announcements will be made by the Company as
appropriate.
Definitions in this announcement are consistent with those set
out in the circular sent to shareholders of the Company on 28
December 2012.
Enquiries:
IPSO Ventures plc Tel: 020 7462 0093
Craig Rochford, Chairman
John Kelly, Non-Executive
Director
Allenby Capital Limited Tel: 020 3328 5656
(Nominated Adviser and Broker)
Mark Connelly
Nick Athanas
This information is provided by RNS
The company news service from the London Stock Exchange
END
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