Stmnt re Share Price Movement
20 August 2009 - 9:30PM
UK Regulatory
TIDMLTW
RNS Number : 7630X
London Town PLC
20 August 2009
London Town PLC
("London Town" or "the Company")
Statement re Share Price Movement
In light of the recent share price movement and further to the announcement made
on 21 July 2009, the Company announces that it is still 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 major shareholders expected to be at no more than 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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