Team (Impression) Holdings plc

October 13, 2010 11:26 ET


                                        TEAM (IMPRESSION) HOLDINGS PLC
                                           ("Team" or the "Company")

                                         PROPOSED WITHDRAWAL FROM PLUS

The  Directors of the Company have concluded that the cost of maintaining a quote on PLUS markets is no  longer
in  the  best interests of the Company and its shareholders. Accordingly, the Directors are proposing that  the
Company should be withdrawn from the PLUS-quoted market with effect from the close of business on Wednesday  27
October 2010.

The  Directors are conscious that, if the withdrawal goes ahead, it may be difficult for shareholders to  trade
in  the Company's shares and the Directors will therefore try to match buyers with sellers after delisting  has
taken effect.

Under  the  PLUS  rules, Team is required to give shareholders a period of 10 business days to  object  to  the
intended  withdrawal  of its securities from the PLUS market. Any shareholder wishing  to  raise  an  objection
should contact PLUS in confidence by Wednesday 27 October 2010.

A separate letter has been sent to shareholders today regarding the proposed withdrawal.

The Directors of Team are responsible for the contents of this announcement.

Contact Information:

Team (Impression) Holdings Plc
Peter Crowson                                                    Telephone: 0113 272 4800

Corporate Adviser:
St Helens Capital Partners LLP
Mark Anwyl or Duncan Vasey                                       Telephone: 020 7368 6959

Contact Information

  • Team (Impression) Holdings plc