Suspension Announcement (1655G)
May 09 2011 - 3:00AM
UK Regulatory
TIDMBRST TIDMBLNX
RNS Number : 1655G
Burst Media Corporation
09 May 2011
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR
INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR
JAPAN
For immediate release
9 May 2011
ACQUISITION (the "Acquisition")
OF
BURST MEDIA CORPORATION ("Burst")
BY
BLINKX PLC ("blinkx")
Suspension of Trading in Burst Shares
Effective from 7.30 a.m. (BST) today, 9 May 2011, the admission
to trading on AIM of Burst Shares has been suspended pending
completion of the Acquisition ("Completion") which is expected to
take place in the US later today.
On Completion, Burst will become a wholly owned subsidiary of
blinkx and trading in Burst Shares will remain suspended until the
cancellation of the admission to trading of the Burst Shares, which
is expected to become effective at 7.00 a.m. (BST) on 12 May
2011.
If Completion does not occur the suspension will be lifted.
All definitions contained in this announcement will have the
same meaning as defined in the joint announcement made by blinkx
and Burst released on 8 April 2011.
Enquiries:
blinkx plc
Suranga Chandratillake, Chief Executive Officer +1 415 655
1450
Jonathan Spira, Chief Financial Officer
Burst Media Corporation
Jarvis Coffin, Chief Executive Officer +1 781 852 5271
Steve Hill, Chief Financial Officer
Canaccord Genuity Limited (Financial Adviser to blinkx)
Rory O'Sullivan +44 20 7050 6500 Christopher Fincken
Citigroup Global Markets Ltd (NOMAD and Broker to blinkx)
Charles Lytle +44 20 7986 4000
Christopher Wren
Altium (Financial Adviser and NOMAD to Burst)
Tim Richardson +44 20 7484 4040
Paul Chamberlain
Financial Dynamics (PR Adviser to blinkx)
Edward Bridges +44 20 7831 3113
Charles Palmer
Haya Herbert-Burns
Hudson Sandler (PR Adviser to Burst)
Nick Lyon +44 20 7796 4133
This information is provided by RNS
The company news service from the London Stock Exchange
END
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