Response to press speculation and suspension
June 28 2010 - 7:00AM
UK Regulatory
TIDMMRM
RNS Number : 3352O
Metrodome Group PLC
28 June 2010
Metrodome Group plc
("Metrodome" or the "Company")
Response to press speculation
28 June 2010
The Board notes the article published in the weekend press relating to a
possible acquisition of Target Entertainment Group ("Target"). The Board can
confirm that negotiations have been taking place with both the shareholders of
Target and the advisers associated with Target but at this current time, the
Company has not agreed a transaction with the shareholders of Target. The Board
intends to continue its dialogue with the intention of negotiating a purchase of
all or part of Target. As this transaction may be a Reverse Acquisition in
terms of the AIM Rules, the trading in the Ordinary Shares of Metrodome have
been suspended until such time as all talks are discontinued, a transaction
which is not a Reverse Transaction is agreed or until an Admission Document is
published. A further announcement will be made in due course.
+------------------------------+------------------------------+
| Metrodome Group plc | |
+------------------------------+------------------------------+
| Mark Webster / Steve | Tel: 020 7766 8600 |
| Winetroube | |
+------------------------------+------------------------------+
| | |
+------------------------------+------------------------------+
| Charles Stanley Securities | |
| (Nominated Adviser & Broker) | |
+------------------------------+------------------------------+
| Dugald J. Carlean / Carl | Tel: 020 7149 6000 |
| Holmes | |
+------------------------------+------------------------------+
| | |
+------------------------------+------------------------------+
| Tavistock Communications | |
+------------------------------+------------------------------+
| John West / Jeremy Carey | Tel: 020 7920 3150 |
+------------------------------+------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
SRSSEIFSAFSSELM
Metrodome (LSE:MRM)
Historical Stock Chart
From Sep 2024 to Oct 2024
Metrodome (LSE:MRM)
Historical Stock Chart
From Oct 2023 to Oct 2024