PTS Patsystems

TIDMPTS

RNS Number : 4167W

Patsystems PLC

30 January 2012

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

30 January 2012

Patsystems plc

(the "Company" or "Patsystems")

Intention to cancel admission to AIM

Further to the announcement dated 26 January 2012 by Pattington Limited that its recommended cash offer for Patsystems had been declared wholly unconditional in all respects, Patsystems confirms that it has applied to the London Stock Exchange for the admission of its Ordinary Shares to AIM to be cancelled.

It is expected that such cancellation will take effect on 28 February 2012 prior to the start of trading, which is 20 clear business days from the date of this announcement. Thereafter, holders of Ordinary Shares will no longer be able to sell their shares through the London Stock Exchange and no provision is expected to be made for any alternative form of dealing in the shares. No price quotation will be available after the cancellation of admission to trading.

Enquiries:

Patsystems plc

 
 David Webber, Chief Executive    +44 (0) 20 7490 0490 
 

Numis Securities Limited +44(0)20 7260 1000

Michael Meade / Richard Thomas as Nominated Adviser

David Poutney/ James Black as Corporate Broker

This information is provided by RNS

The company news service from the London Stock Exchange

END

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