RAM Ram Active

 

TIDMRAM 
 
RNS Number : 5776J 
RAM Investment Group PLC 
31 March 2010 
 

31 March 2010 
 
 
                            RAM INVESTMENT GROUP PLC 
                            ('RAM' or the 'Company') 
 
                              Update on Investments 
 
 
On 25 September 2009 RAM announced that it had entered into two option 
agreements to purchase the remaining 50.1% of TrainFX Limited ("TrainFX"). RAM 
had entered into option agreements with Old Church Street Holdings Limited 
("OCH") and the administrators of Vision Media Group PLC ("VMG") to acquire 
OCH's holding of 25.1% and VMG's holding of 25% of the outstanding shares in 
TrainFX. The options were at RAM's call only and could have been exercised up to 
31st March 2010. 
 
The Company has reached agreements in principle with both VMG and OCH to extend 
these options to 30 June 2010. The Company will update the market on any changes 
to these agreements as soon as a final agreement has been reached. 
 
 
                                      ENDS 
 
Contact: 
 
For further information please call: 
 
Tim Baldwin                RAM investment Group Plc 
0207 518 4303 
 
Sandy Jamieson         Libertas Capital Corporate Finance Limited   0207 569 
9650 
 
Monisha Varadan        Rivington Street Corporate Finance Limited  0207 562 3389 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 STRUASNRRWAOOAR 
 

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