(NWN.L) Newmarket Investments PLC Buy/Sell

LONDON, Oct 28 (Reuters) - Newmarket Investments PLC:

NEWMARKET INVESTMENTS PLC

Newmarket Investments PLC (the "Company") today announces that its nominated adviser, Dowgate Capital Advisers Limited ("DCA"), and the Company's broker, Dowgate Capital Stockbrokers Limited ("DCS") have resigned with immediate effect.

Under AIM Rule 1, if the Company fails to appoint a new nominated adviser within one month, the admission of the Company's shares to trading on AIM will be cancelled by the London Stock Exchange at 7.00 a.m. on 30 November 2009.

The board announces that it is in discussions in relation to a potential transaction in the leisure sector for which it would receive an introductory fee from a third party, conditional on completion. Receipt of such a fee would provide the Company with further working capital.

The Company's shares are currently suspended from trading on AIM due to the Company's failure to publish the report and accounts for the year ended 31 March 2009 in accordance with AIM Rule 19. The resignation of the Company's nominated adviser is a further reason for the continuing suspension of trading in the shares.

The board is managing its cash tightly. However, until the Company receives the fee mentioned above and is thereafter able to confirm its going concern status to the satisfaction of the Company's auditors, the report and accounts for the year ended 31 March 2009 will not be finalised.

A further announcement will be made as soon as possible.

For further information please visit www.newmarketinvestmentsplc.com or contact:

Jonathan Cohen Newmarket Investments plc Tel: 020 7486 8985
Aaron Smyth Dowgate Capital Advisers Ltd Tel: 020 7492 4777

NEWMARKET INVESTMENTS PLC

Newmarket Investments plc (the "Company") announces that it will be unable to post its annual audited accounts for the year ended 31 March 2009 by 30 September 2009 and therefore is unable to comply with Rule 19 of the AIM Rules for Companies. The Company's shares have been temporarily suspended from trading on AIM until such time as the audited accounts are published and posted to shareholders in compliance with the AIM Rules. The directors anticipate that this will occur by the end of October 2009.

The delay in publishing the accounts has occurred as a result of discussions with the Company's auditor in respect of the going concern of the Company.

Update

The Company is currently looking at a number of opportunities in both the leisure and property sectors which may lead to an injection of additional funds into the Company. A further announcement will be made when it is appropriate to do so.

For further information please visit www.newmarketinvestmentsplc.com or contact:

Jonathan Cohen Newmarket Investments plc Tel: 020 7486 8985
Aaron Smyth/Liam Murray Dowgate Capital Advisers Ltd Tel: 020 7492 4777
Neil Badger Dowgate Capital Stockbrokers Ltd Tel: 01293 517 744

END

RNS Number : 3389Z

21 September 2009

NOTICE

(656)

21/09/2009 7:00am

TEMPORARY SUSPENSION OF TRADING ON AIM

NEWMARKET INVESTMENTS PLC

Trading on AIM for the under-mentioned securities has been temporarily suspended from 21/09/2009 7:00am pending publication of the company's annual audited report and accounts.

Ordinary Shares of 0.01p each (0-128-850)(GB0001288504)
fully paid

If you have any queries relating to the above, please contact the company's nominated adviser on 020 7492 4777.

AIM REGULATION

Ref: AIMNOT656

This information is provided by RNS The company news service from the London Stock Exchange

EXCUWUVRKSRKAAR