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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Betonsports | LSE:BSS | London | Ordinary Share | GB00B01CDB60 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 265.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:6700G BETonSPORTS PLC 25 July 2006 BETonSPORTS Responds to Media Coverage LONDON -- BETonSPORTS plc. (LSE: BSS), having noted the recent media reports from various outlets in both the UK and the U.S. wishes to make the following statement: BetonSports plc (referred to as the Company) acquired the various businesses comprised in the group immediately prior to its float in July 2004. Other than David Carruthers the Board of directors, both executive and non-executive directors, was appointed at or subsequent to the float and are not named in the indictment. Since the time of its public listing, the Board believes the Company has operated in accordance with the standard expected of a U.K. Plc which is publicly quoted on AIM on the London Stock Exchange. The Board wish to make absolutely clear that none of the founders of the original business has any continuing role within the Company. As disclosed in the AIM document, the original founder has a consulting agreement with the Company under which his role is non-management related which was an absolute requirement of the Board for the float and thereafter. Some media reports have focused on alleged improper activity occurring at the group's Costa Rican business premises during VIP parties and other events. All these allegations relate to the time prior to the acquisition of the business by the Company and its July 2004 float. The Board wants to assure the investment community, employees, and customers of the Company that they, in consultation with the Company's attorneys, are evaluating all of the Company's options and deciding what steps will be taken next. Once a decision is made in this regard a further statement will be released. The Company wishes to express its appreciation to its employees, customers, investors and partners for their patience and support during this process and will issue further information as soon as possible. Contact Information: BetonSports Kevin Smith +1 314.623.2734 kevin.smith@betonsports.com www.bosplc.com Citigate Dewe Rogerson Ginny Pulbrook / Simon Rigby +44 (0)20 7638 9571 This information is provided by RNS The company news service from the London Stock Exchange END STRAKPKQABKKPOB
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