Notice of Intention to Appoint an Administrator (7782Z)
21 März 2012 - 12:23PM
UK Regulatory
TIDMGMG
RNS Number : 7782Z
Game Group PLC
21 March 2012
21 March 2012
Notice of Intention to Appoint an Administrator
"Further to this morning's announcement of the suspension of
trading in shares of GAME Group plc, the board has concluded that
its discussions with all stakeholders and other parties have not
made sufficient progress in the time available to offer a realistic
prospect for a solvent solution for the business. The board has
therefore today filed a notice of intention to appoint an
administrator. In the short term the Board's intention is that the
business will continue to trade and discussions with lenders and
third parties will continue under the protection of the interim
moratorium."
- ENDS -
Contact
Brunswick Group +44 207 404 5959
This information is provided by RNS
The company news service from the London Stock Exchange
END
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