Statement re. Suspension
June 29 2009 - 6:00AM
UK Regulatory
TIDMWTC
RNS Number : 6708U
Westcity PLC
29 June 2009
WESTCITY PLC
Temporary suspension of trading in securities
Westcity PLC ("Westcity") (AIM:WTC), property advisor to the Stonehage Westcity
Property Fund (the "Fund"), today announces that its AIM securities will today
be suspended pursuant to the AIM Rules for Companies as Westcity will be unable
to post to shareholders its year end results for the twelve months ended 31
December 2008 by 30 June 2009.
This is due to a delay in the completion of audited results of a German
subsidiary of the Fund. Westcity's auditors are unable to sign off the year end
accounts until these subsidiary results are complete. Westcity expect to be able
to announce and post its full year results for the twelve months ended 31
December 2008 by 17th July 2009.
A further announcement will be made in due course.
For further information please contact:
Westcity PLC + 44 (0) 20 7424 6700
Ira Rapp, Chief Executive Officer
Michael Tannenbaum, Finance Director
KBC Peel Hunt (Nominated adviser and Broker) +44 (0) 20 7418 8900
Alex Vaughan
Oliver Stratton
This information is provided by RNS
The company news service from the London Stock Exchange
END
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