KAMPAC International plc
Kampac International Plc Undergoes Corporate Restructuring
KAMPAC International plc / Key word(s): Restructure of Company Kampac International Plc Undergoes Corporate Restructuring 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@lawpartners-solicitors.com) with full evidence on their share transactions (either in English or German language). Contact: End of Corporate News 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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