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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Litebulb Grp | LSE:LBB | London | Ordinary Share | GB00BXVMLV36 | ORD NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.125 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMLBB
RNS Number : 2758V
Litebulb Group Limited
15 April 2016
15 April 2016
LITEBULB GROUP LIMITED
("LiteBulb" the "Company" or the "Group")
Corporate Update
LiteBulb (AIM: LBB), the branded product developer, provides an update on corporate activity relating to its disposal strategy, as announced on 3 March 2016.
On 11 April 2016 the business and assets of Litebulb Studios Limited (in administration) were sold to Hubcom Limited for consideration of GBP20,000 and the business and assets of Meld Marketing Strategies Limited (in administration) and Ginger Fox Limited (in administration) were sold to Hacche Retail Limited for consideration of GBP131,109 and GBP321,892 respectively.
The Board cannot give guidance on the timeframe for, or likelihood of, realisations at this stage although the Directors believe that there will be no return to shareholders.
A further update will be made in due course.
For further information, please contact:
LiteBulb Group Limited www.litebulbgroup.com Howard Partington, Interim Tel: 020 3384 7100 Chief Executive Guy Pettigrew, Group Finance Director
This information is provided by RNS
The company news service from the London Stock Exchange
END
DISSFSFMLFMSESL
(END) Dow Jones Newswires
April 15, 2016 02:00 ET (06:00 GMT)
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