Statement re Cancellation of Listing


 
TIDMGEX 
 
Glencar Mining plc 
 
                       Cancellation of Listing 
 
                          7 September 2009 
 
Glencar Mining  plc  ("Glencar"  or the  "Company")  announces  that, 
following the Offer  by Gold Fields  Metal BV becoming  unconditional 
earlier today, the  admission of the  Glencar's Shares to trading  on 
AIM and IEX  will be cancelled  with effect  from 7.00 a.m. on Monday 
5th October 2009 as  Gold Fields intends to  apply the provisions  of 
section 204 of the  Companies Act, 1963  to acquire compulsorily  any 
Glencar Shares not acquired or agreed to be acquired pursuant to  the 
Offer or otherwise on the same terms as the Offer. 
 
Following the cancellation of admission  to AIM and IEX, the  Company 
will no longer be obliged  to announce material events. However,  the 
Company  will   continue   to  comply   with   applicable   statutory 
requirements and the Company's articles. 
 
Following the de-listing there will be no market facility for dealing 
in Glencar Shares. Gold  Fields intends  to apply  the provisions  of 
section 204 of the  Companies Act, 1963  to acquire compulsorily  any 
Glencar Shares not acquired or agreed to be acquired pursuant to  the 
Offer or otherwise on the same terms as the Offer. 
 
For further information, please contact: 
 
 
Ivan Murphy/Brian Corr 
Davy Corporate Finance (Nomad and IEX Adviser) 
Tel:             +353 (1) 679 6363 
 
 
The Directors of  Glencar Mining plc  accepts responsibility for  the 
information contained  in this  announcement. To  the best  of  their 
knowledge and belief (having taken all reasonable care to ensure that 
such is the case), the information contained in this announcement for 
which they take responsibility  is in accordance  with the facts  and 
does  not  omit  anything  likely  to  affect  the  import  of   such 
information. 
 
Davy  Corporate  Finance,  which   is  regulated  by  the   Financial 
Regulator, is acting exclusively  for Glencar Mining  plc and no  one 
else in connection  with the  Offer and  will not  be responsible  to 
anyone other than  Glencar Mining plc  for providing the  protections 
afforded to  clients  of Davy  Corporate  Finance nor  for  providing 
advice in relation to the Offer. 
 
=--END OF MESSAGE--- 
 
 
 
 
This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.

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