DGAP-News: Kampac International Plc Undergoes Corporate Restructuring

DGAP-News: Kampac International Plc Undergoes Corporate Restructuring

ID: 33017

(firmenpresse) - DGAP-News: KAMPAC International plc / Key word(s): Restructure of
Company
Kampac International Plc Undergoes Corporate Restructuring

18.01.2011 / 12:00

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Kampac International Plc, London, the holding company of Dubai based Kampac
Oil M.E. FZCO, is undertaking a fundamental corporate restructuring to
ensure full corporate transparency and to safeguard the interests of its
legitimate shareholders. Until 14th January 2011, Kampac International Plc
was listed on the Frankfurt Stock Exchange (Symbol: A55; ISIN:
GB00B5BPSV53; WKN: A0YEKV).

Following its reverse takeover transaction in April 2010, Kampac
International Plc experienced adverse trading activities in its shares. To
protect its shareholders, a fundamental corporate restructuring has become
imperative and necessary. Over the past six months, Kampac International
Plc has re-aligned itself by engaging new advisors and new management.
Former directors such as Preston Shea and Jeff Lyons have resigned from the
board and are no longer associated with the company. Kampac International
Plc is healthy and on par for growth, the company's chairman Charles Ampofo
confirms, and audited accounts for 2010 will shortly be made available.

Kampac International Plc emphasises that past irregular trading activities
have not been initiated by the company and were beyond its influence.
However, as part of its corporate restructuring Kampac International Plc
will develop economic solutions for its private investors. Private
investors who have bought Kampac shares are requested to contact Kampac's
corporate lawyers (LawPartners Solicitors Limited, St John's Chambers,
Klaco House, 28-30 St John's Square, London EC1M 4DN, Tel: +44 207 426
5080, Fax: +44 207 426 5082, E-mail: info(at)lawpartners-solicitors.com) with




full evidence on their share transactions (either in English or German
language).

Contact:
Charles Ampofo
Chairman
Kampac International Plc
Klaco House
28-30 St John's Square
London EC1M 4DN
E-mail: charles(at)kampacgroup.com
Internet: www.kampacgroup.com


End of Corporate News

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18.01.2011 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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109293 18.01.2011

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Bereitgestellt von Benutzer: EquityStory
Datum: 18.01.2011 - 12:00 Uhr
Sprache: Deutsch
News-ID 33017
Anzahl Zeichen: 0

contact information:

Kategorie:

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