TRBO Turbotec Unres

TIDMTRBO

RNS Number : 7745E

Turbotec Products PLC

12 April 2011

 
 12 April 2011 
 

Turbotec Products PLC

("Turbotec" or "the Company")

Regulation S Transfer

Turbotec Products PLC (TRBO.L) today announces that it has applied to AIM for the Company's entire issued share capital of 12,806,773 Ordinary Shares of 1 penny each ("Ordinary Shares") to be transferred from Regulation S to unrestricted form.

The unrestricted Ordinary Shares will be eligible for electronic settlement in CREST. The Company will send a letter together with a new share certificate and instructions on how to dematerialise their shareholdings into CREST, to all holders of Ordinary Shares on the register of members at 18 April 2011. A copy of the letter will be available to view on the Company's website www.turbotecproducts.com from 18 April 2011.

Regulation S restrictions are expected to be lifted and dealings in the unrestricted Ordinary Shares are expected to commence on 19 April 2011 and from this date, the Regulation S Ordinary Share certificates will no longer be valid.

No new Ordinary Shares will be issued pursuant to the arrangements and following the transfer to unrestricted form, the total number of Ordinary Shares issued and admitted to trading on AIM will remain at 12,806,773. The Ordinary Shares will retain their existing ticker (TRBO.L) and ISIN (GB008128LN88).

- Ends -

For further information please contact:

 
 Turbotec Products Plc 
 Rob Lowe, Non-Executive Chairman     Tel: +44 (0) 7917 148930 
 Robert Lieberman, Finance Director   www.turbotecproducts.com 
  RLieberman@turbotecproducts.com 
 
 
 Evolution Securities Limited 
 Joanne Lake / Casper Kaars Sijpesteijn   Tel: +44 (0) 113 243 1619 
  joanne.lake@evosecurities.com 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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