Statement re. Suspension
30 July 2010 - 4:00PM
UK Regulatory
TIDMMRM
RNS Number : 1957Q
Metrodome Group PLC
30 July 2010
MRM.L
Metrodome Group plc
("Metrodome" or the "Company")
Restoration of shares to trading
Metrodome announces that it has requested that its shares be restored to trading
on AIM following suspension. The Company's 184,717,915 ordinary shares will
resume trading at 8.00 a.m. on 30 July 2010 at a price of 1.875 pence per share.
Trading was initially suspended on 28 June 2010 following certain press
speculation in the weekend press relating to the possible acquisition by the
Company of all or part of Target Entertainment Group ("Target").The Company
confirms that negotiations have now been terminated as the partiescould not
agree mutually satisfactory commercial terms with the various stakeholders of
Target.
The Board will continue to look at other possible acquisitions and opportunities
which will secure greater long term value for shareholders and any updates will
be released in due course.
For further enquiries:
+----------------------------------------------------+--------------+
| Metrodome Group plc | |
+----------------------------------------------------+--------------+
| Mark Webster / Steve Winetroube | Tel: 020 |
| | 7766 8600 |
+----------------------------------------------------+--------------+
| | |
+----------------------------------------------------+--------------+
| Charles Stanley Securities | |
| (Nominated Adviser & Broker) | |
+----------------------------------------------------+--------------+
| Dugald J. Carlean / Carl Holmes | Tel: 020 |
| | 7149 6000 |
+----------------------------------------------------+--------------+
| | |
+----------------------------------------------------+--------------+
| Tavistock Communications | |
+----------------------------------------------------+--------------+
| John West / Lydia Eades | Tel: 020 |
| | 7920 3150 |
+----------------------------------------------------+--------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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