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PLUS Markets Group suspended

Companies: PMK   
05/10/2007

Shares in PLUS Markets Group have been temporarily suspended at 28p 'pending an announcement and publication of an admission document'.

AIM-quoted PLUS, which operates the PLUS share market, now a fully recognised investment exchange providing a rival trading platform for many London Stock Exchange-quoted shares, has recently attracted speculation following the launch of Project Turquoise, a new share trading facility set up by several banks.

PLUS shares, which have swung between 4.5p in 2004 and 38.75p last year, were highlighted by Growth Company Investor at 23p last month and market watchers suggest they could reopen at a significant premium.

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