EMT Emmit

 
TIDMEMT 
 
5 November 2014 
 
                                   Emmit Plc 
 
                          ("Emmit" or the "Company") 
 
                           Comment on FCA Statement 
 
The Board of Emmit plc (the "Board") announces an update regarding the 
suspension of trading in the Company's shares on AIM by the London Stock 
Exchange on 17 October 2014 (the "Suspension"). 
 
Following the Suspension, on 31 October 2014, the UK Financial Conduct 
Authority ("FCA") published a statement regarding the promotion of shares in 
Emmit (the "FCA Statement"). The FCA Statement made reference to, inter alia, 
the FCA having serious concerns regarding investors' pensions being put at risk 
due to individuals being encouraged to transfer money from their work pension 
schemes into Self-Invested Personal Pensions and use that money to buy shares 
in Emmit. 
 
The Board draws shareholders' attention to the fact that the FCA Statement 
makes reference to the FCA not being "currently aware of any information 
regarding Emmit plc itself being complicit" in the conduct set out within the 
FCA Statement. 
 
The full text of the FCA Statement is available at the following website 
address: http://www.fca.org.uk/news/statement-re-promotion-of-shares-in-emmit-plc 
 
It is clearly disappointing, and frustrating, that the Company has been 
adversely affected by the behaviour of a small number of independent 
shareholders. 
 
Further announcements in relation to the potential lifting of the Suspension 
and restoration of trading in the Company's shares will be made in due course. 
 
For further information please visit www.emmitplc.com or contact: 
 
Emmit plc                         Dean Cook          01473 604504 
Managing Director 
 
Daniel Stewart & Company Plc      Antony Legge       020 7776 6550 
Nominated Adviser 
 
Alexander David Securities Ltd    David Scott        020 7448 9820 
Broker 
 
 
 
END 
 

Emmit (LSE:EMT)
Historical Stock Chart
From May 2024 to Jun 2024

Emmit (LSE:EMT)
Historical Stock Chart
From Jun 2023 to Jun 2024