Potential Acquisition and Statement re Suspension
March 07 2012 - 5:00AM
UK Regulatory
TIDMSGG
AIM: SGG
STERLING GREEN GROUP PLC
("Sterling Green" or the "Company")
7 March 2012
Potential Acquisition and Statement re Suspension
The Directors of the Company note the rise in the Company's share price. The
Company announces that it is at an early stage of discussions which may or may
not lead to an acquisition ("Acquisition") of a natural resources focused
company with certain oil and gas assets. If it proceeds, the Acquisition would
constitute a reverse takeover in accordance with Rule 14 of the AIM Rules for
Companies.
Accordingly, the Company's ordinary shares have been suspended from trading on
AIM with immediate effect. Should the proposed Acquisition proceed, the Company
will publish an admission document containing detailed information on the
Acquisition. A further announcement will be made in due course.
Enquiries:
Sterling Green Group plc Tel: 0161 975 5757
Michael Edelson
Merchant Securities Limited Tel: 020 7628 2200
Simon Clements/David Worlidge
END
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