RNS Number : 9407M
Palmaris Capital PLC
02 June 2010
Palmaris Capital Plc
("Palmaris" or the "Company")
Share Price Movement
The Board of Palmaris, the investment company with interests in coal mining, has noted the recent increase in the Company's share price. The Company's sole remaining investment, SRG, continues to explore its strategic options, including a listing of its shares on the London Stock Exchange.
A listing could provide a liquidity event for the Company. However, there can be no certainty that this will occur, particularly in the current climate.
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For further information contact:
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Greg Melgaard, Managing Director
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0779 965 7553
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www.palmariscapital.com
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John Llewellyn-Lloyd/Harry Stockdale
Execution Noble & Company Limited (Nominated Adviser)
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0207 456 9191
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This information is provided by RNS
The company news service from the London Stock Exchange
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