Commodity Watch plc
LSE : CMWP

November 28, 2008 02:00 ET

Offer Update

FOR IMMEDIATE RELEASE                                             28 NOVEMBER 2008

                                     RIVINGTON STREET HOLDINGS PLC
                                                   
                                              PLUS: RIVP
                                                   
                                        ("RSH" or "THE GROUP")
   ADMISSION OF ENLARGED SHARE CAPITAL TO TRADING ON PLUS MARKETS FOLLOWING THE REVERSE TAKEOVER OF
                                   RIVINGTON STREET HOLDINGS LIMITED
                                                   
Commodity  Watch  plc  is pleased to announce that following a reverse takeover  of  Rivington  Street
Holdings  Limited, which was announced on 3 November 2008, the enlarged share capital of the Group  is
now  trading  on  PLUS  Markets under the new name of Rivington Street Holdings plc  with  the  ticker
"RIVP".

The  enlarged share capital of 29,577,830 ordinary shares have been admitted to trading following  the
acceptance of the Offer to acquire Rivington Street Holdings Limited was accepted by over 90%  of  the
shareholders in Rivington Street Holdings Limited.

The Directors of the enlarged group have an interest of 41.3% of the issued share capital

Commenting on the Admission to PLUS Markets, Chairman Malcolm Burne said:

"The  acquisition of Rivington Street Holdings Ltd by Commodity Watch and subsequent admission to PLUS
Markets is a milestone in the Group's development.

"We  are an acquisitive Group and are currently reviewing a number of opportunities - where the market
has  presented  some highly attractive valuations. We look forward keeping the market updated  on  our
future progress."

                                                -ENDS-
                                                   
Enquiries

Rivington Street Holdings PLC
Tom Winnifrith                                                           020 7562 3370

Loeb Aron & Company Ltd
Peter Freeman                                                            020 7628 1128

Bishopsgate Communications
Nick Rome/ Will Tindall                                                  020 7562 3350

Contact Information

  • Commodity Watch plc