BMT Braime Group Plc

RNS Number:7767V
Braime (T.F.& J.H.) (Hldgs) PLC
30 April 2007

T.F. & J.H. Braime (Holdings) P.L.C. ("Braime" or the "Company")



Proposed Transfer of the Company's Shares from the Official List to AIM (the "
Transfer")



The Board of Braime announces that a circular convening an extraordinary general
meeting (the "EGM") to approve the proposed de-listing of the Company's ordinary
shares, A ordinary shares and preference shares (the "Shares") from the Official
List of the UK Listing Authority and from trading on the main market of London
Stock Exchange plc and the admission of the Shares to trading on the AIM market
of London Stock Exchange plc ("AIM") has been posted to shareholders.



The Transfer is subject to the approval of not less than 75 per cent. of
ordinary shareholders voting at the EGM, which is to be held at the Company's
premises on Hunslet Road, Leeds LS10 1JZ.



The expected timetable for the Transfer is as follows:


Latest time and date for receipt of forms of proxy                                  12.00 noon on 23 May 2007


EGM                                                                                 12.00 noon on 25 May 2007


Last day of dealings in Shares on the Official List                                              26 June 2007


Shares de-listed from the Official List and admitted to trading on AIM                           27 June 2007





The Board believes that AIM is a more appropriate market for a company of
Braime's size and resources.  It will offer greater flexibility, particularly
with regards to corporate transactions and will enable the Company to execute
certain transactions more quickly should any disposal, acquisition or other
development opportunities arise in the future.



The Board unanimously recommends that ordinary shareholders vote in favour of
the Transfer, as they intend to do in respect of their own beneficial holdings
of 144,500 ordinary shares, representing 30.1 per cent. of the Company's issued
ordinary share capital.



Subject to shareholder approval of the Transfer, WH Ireland has agreed to act as
nominated adviser and broker to the Company.



Copies of the circular have been sent to the UK Listing Authority and will
shortly be available for inspection at the UK Listing Authority's Document
Viewing Facility, which is situated at Financial Services Authority, 25 The
North Colonnade, Canary Wharf, London E14 5HS.





For further information please contact:


T.F. & J.H. Braime (Holdings) P.L.C.
Nicholas Braime, Chairman                            Tel: 0113 246 1800

WH Ireland Limited
Richard Lindley                                      Tel: 0113 394 6628




                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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