MPS Minorplanet

 

TIDMMPS 
 
RNS Number : 2622N 
Minorplanet Systems PLC 
08 June 2010 
 
 
 
8 June 2010 
 
 
            Minorplanet Systems plc ("Minorplanet" or the "Company") 
 
                              Suspension of Trading 
 
 
 
The Board of Minorplanet announces that it has requested a suspension of trading 
in its shares with immediate effect pending clarification of its financial 
position.  This follows the receipt of a demand notice for the repayment of a 
loan from DigiCore International Holdings BV to MPS 2010 Limited ("MPS 2010"), a 
subsidiary of the Company, details which were set out in an announcement dated 
14 May 2010 and the subsequent enforcement of terms and conditions of the 
related financial agreements including the exercise of its security over MPS 
2010 shares. 
 
A further announcement will be made in due course. 
 
For further information, please contact: 
 
+---------------------------+-----------------------------------+ 
| Minorplanet Systems plc   |                Tel: 0113 346 7777 | 
+---------------------------+-----------------------------------+ 
| Terry Donovan, Chief      |     terry.donovan@minorplanet.com | 
| Executive                 |                                   | 
+---------------------------+-----------------------------------+ 
| Richard Hopkin, Finance   |    richard.hopkin@minorplanet.com | 
| Director                  |                                   | 
+---------------------------+-----------------------------------+ 
|                           |               www.minorplanet.com | 
+---------------------------+-----------------------------------+ 
|                           |                                   | 
+---------------------------+-----------------------------------+ 
| Shore Capital & Corporate |                Tel: 020 7408 4090 | 
| Ltd                       |                                   | 
+---------------------------+-----------------------------------+ 
| Anita Ghanekar            |                                   | 
+---------------------------+-----------------------------------+ 
| Edward Mansfield          |                                   | 
+---------------------------+-----------------------------------+ 
|                           |                                   | 
+---------------------------+-----------------------------------+ 
| Rawlings Financial PR     |                Tel: 01653 618 016 | 
| Limited                   |                                   | 
+---------------------------+-----------------------------------+ 
| Catriona Valentine        |  catriona@rawlingsfinancial.co.uk | 
+---------------------------+-----------------------------------+ 
|                           |       www.rawlingsfinancial.co.uk | 
+---------------------------+-----------------------------------+ 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 SRSEADKPEDKEEFF 
 

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