Temporary Suspension
20 Oktober 2009 - 12:00PM
UK Regulatory
TIDMASG
RNS Number : 0734B
ASG Media PLC
20 October 2009
20 October 2009
ASG Media plc
("ASG" or the "Company") (AIM: ASG.L)
Suspension from trading on AIM
ASG, the leading digital screen media specialist, announced on 28 September 2009
that it had received further short term funding from Neo Media Group SA ("Neo
Media") and that the Company continues to seek additional short term funding to
meet the Company's immediate working capital requirement.
The Company is in
discussions with potential investors to secure the funding required to meet the
Company's immediate and longer term finance commitments.However, in light of the
uncertainty as to the timing and final outcome of the discussions with potential
investors, the Company has requested a suspension of trading of its securities
on AIM, pending confirmation of the financing.
The Company looks forward to updating shareholders with an update on funding and
current trading in due course.
- ENDS -
Enquiries:
+-----------------------------------------------------+-------------------------+
| ASG Media plc | 020 7902 2345 |
| Jamie Ball, Managing Director | |
| Gary Truman, CFO | |
| | |
+-----------------------------------------------------+-------------------------+
| Charles Stanley Securities | 020 7149 6000 |
| Nominated Adviser | |
| Russell Cook / Freddy Crossley | |
| | |
+-----------------------------------------------------+-------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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