VELO Velosi

TIDMVELO

RNS Number : 1072A

Velosi Limited

26 January 2011

Velosi Limited

("Velosi" or the "Company")

Cancellation of admission to trading on AIM

Azul Holding 2 S.a r.l announced today that all conditions of its Offer for Velosi, as set out in the Offer Document, had been satisfied or waived and, accordingly, the Offer for Velosi was declared unconditional in all respects.

Therefore, in accordance with paragraph 11 of Part II of the Offer Document, Velosi today announces that an application has been made to the London Stock Exchange for the cancellation of the admission of the Company's ordinary shares to trading on AIM. Cancellation will take effect from 7.00 a.m. on Wednesday 23 February 2011.

Terms used in this announcement shall have the meanings given to them in the Offer Document dated 9 December 2010, unless the context requires otherwise.

For further information contact:

 
                               Dr Nabil Abdul 
                                Jalil 
 Velosi Limited                 Dan Ooi               020 7930 0777 
 
                               James Harris 
 Strand Hanson                  Richard Tulloch       020 7409 3494 
 
 Charles Stanley Securities    Mark Taylor            020 7149 6000 
 
                               Tim Robertson 
 Cardew Group                   Catherine Maitland    020 7930 0777 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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