Statement re share price movement
22 July 2009 - 12:56AM
UK Regulatory
TIDMLTW
RNS Number : 0448W
London Town PLC
21 July 2009
London Town PLC
("London Town" or "the Company")
Statement re Share Price Movement
In light of the recent share price movement the Company announces that it is
considering a number of strategic options with regard to the net liability
position shown by its recently published balance sheet. These options include a
potential debt for equity swap with its three major shareholders at or around 5
pence per share. A further announcement will be made in due course.
Enquiries:
Nicholas Wells/Max Hartley
Cenkos Securities plc 0207 397 8900
This information is provided by RNS
The company news service from the London Stock Exchange
END
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