LB Holdings (UK) plc
LSE : LBHO

July 24, 2009 02:00 ET

Intention to withdraw from PLUS

                                                         
                                                                                                        24/07/2009
                                                         
                                                                                         GB00B197TT07/GBP/PLUS/exn
                                                  

                                                LB Holdings Plc
                                         ("LB Holdings" or the "Company")
                                                         
                                          Intention to withdraw from PLUS

The Directors of LB Holdings announce the intention of the Company to withdraw its shares from trading on the PLUS
quoted market at the close of business on 11 August 2009. The Directors believe that, in light of current economic
conditions,  any benefits of trading on the PLUS quoted market are outweighed by the costs involved and  that  the
proposed course of action is in the best interests of the Company's shareholders.

The  Company will investigate the benefits and costs of providing a matched bargain trading facility. Shareholders
will  be contacted with details of this option in due course but in the meantime, if they have any questions, they
should contact Keith Robinson.

Under  the PLUS Rules, the Company is required to give shareholders a period of 10 business days to object to  the
intended  withdrawal of its securities from the PLUS quoted market. Any shareholder wishing to raise an  objection
should contact PLUS Markets in confidence by 11 August 2009.


The Directors of the Issuer accept responsibility for the contents of this announcement.

Enquiries:

Company:
LB Holdings Plc
Keith Robinson
Tel:  01207 523316

Corporate Adviser:
St Helen's Capital plc
Duncan Vasey/Mark Anwyl
Tel:  020 7628 5582


Contact Information

  • LB Holdings (UK) plc