ChoiceXS Plc
LSE : CXSP

September 26, 2011 09:59 ET

Proposed withdrawal from PLUS

                                                                                GB00B401BF21
                                                                           26 September 2011
                                              
                                        ChoiceXS plc
                                       (the "Company")

                                Proposed withdrawal from PLUS

The  directors  and  shareholders feel that the market does  not  meet  the  investment  and
development  goals  of the Company, the costs are excessively high in  comparison  to  their
benefits, the lack of liquidity in the shares of the Company has not justified it  being  in
the public domain and investors interest do not match the current shareholders needs.

The  company  will continue to match buyers and sellers of its shares who  send  details  of
their requirements to the Company by email to Katerina Kalligatsi at katerina@choicexs.com.

Under the PLUS rules, ChoiceXS plc is required to give shareholders a period of ten business
days to object to the intended withdrawal of its securities form the PLUS-quoted market. Any
shareholder  wishing to raise an objection should contact PLUS in confidence by  5pm  on  10
October 2011 (email: regulation@plusmarketsgroup.com or telephone: + 44 (0)20 7429 7850).

The Directors of ChoiceXS plc accept responsibility for the contents of this announcement.

For further information please contact:

ChoiceXS plc:
Katerina Kalligatsi, CEO and Vice President
Tel: +30 2310 804980

St Helens Capital Partners LLP
Guy Miller
Tel: 020 7368 6959

Contact Information

  • ChoiceXS Plc