PMS Palmaris Cap.

 

TIDMPMS 
 
RNS Number : 3134Q 
Palmaris Capital PLC 
30 July 2010 
 

30 July 2010 
 
                              Palmaris Capital Plc 
 
                          ("Palmaris" or the "Company") 
 
                                   IPO Update 
 
 
The Board of Palmaris notes the announcement released today by Scottish 
Resources Group Limited ("SRG"), which stated "notwithstanding a well received 
road show to institutional investors in a challenging market for initial public 
offerings, the selling shareholders in SRG have decided that marketing 
securities should be paused for the summer. The selling shareholders intend the 
process to re-commence after summer". Accordingly, the Company expects to update 
the market as and when appropriate and in any event by early Q4, 2010. 
 
+------------------------------------+------------------------------------+ 
| For further information contact:   |                                    | 
|                                    |                                    | 
+------------------------------------+------------------------------------+ 
| Greg Melgaard, Managing Director   | 07799 657 553                      | 
| www.palmariscapital.com            |                                    | 
|                                    |                                    | 
+------------------------------------+------------------------------------+ 
| John Llewellyn-Lloyd/Harry         | 0207 456 9191                      | 
| Stockdale, Execution Noble &       |                                    | 
| Company Limited                    |                                    | 
| (Nominated Adviser)                |                                    | 
+------------------------------------+------------------------------------+ 
 
 
 
                                      Ends 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 STRBRGDRUGXBGGG 
 

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