EGM Statement and Offer Update

    RNS Number : 8305W
  Trading Emissions PLC
  16 June 2008
   

    Trading Emissions plc
    ("Trading Emissions" or "the Company")
    Result of EGM and Update of Offer

    Trading Emissions announces that the special resolution proposed to shareholders at the EGM of the Company held at 12:00 noon on Friday
13 June 2008 was duly passed. 

    The Board of Trading Emissions notes the announcement made by Suez Energy South America in accordance with Rule 2.5 of the Takeover Code
of a cash offer of 45 pence per share for the entire issued and to be issued share capital of Econergy International plc ("Econergy"). In
view of this, Trading Emissions announces that it will not be increasing its offer for the entire issued and to be issued share capital of
Econergy. 

    For further information, please contact: 
    EEA Fund Management Limited          +44 (0)20 7553 2361
    Simon Shaw, Investment Advisor to Trading Emissions

    Cenkos Securities plc                +44 (0)20 7397 8900
    Nominated Adviser and Joint Broker
    Ivonne Cantu / Liz Bowman

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