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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Screen Fx | LSE:SFX | London | Ordinary Share | GB00B23Z3283 | ORD 10P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 7.10 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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RNS Number:6472G
Screen FX PLC
31 October 2007
Press Release 31 October 2007
ScreenFX plc
("ScreenFX" or "the Group")
Proposed acquisition
ScreenFX plc (AIM:SFX), the digital advertising and communications specialist,
announces that the Company has entered into heads of terms in respect of a
proposed acquisition ("acquisition") of a business which is in a related area of
activity to that of the Group. The acqusition would be wholly funded by shares
in ScreenFX.
The acquisition is conditional inter alia on completion of the due diligence
exercise; the passing of the appropriate resolutions at an Extraordinary General
Meeting; and Admission of the new shares to trading on AIM.
It is anticipated that this transaction will take several weeks to complete and
a further announcement will be made at an appropriate time.
- Ends -
For further information:
ScreenFX plc
Mike Cottman, Executive Chairman Tel: +44 (0) 161 428 5544
mikec@screenfx.com www.screenfx.com
Seymour Pierce Limited
Stuart Lane / John Depasquale, Corporate Finance Tel: +44 (0) 20 7107 8000
stuartlane@seymourpierce.com www.seymourpierce.com
Media enquiries:
Abchurch
Henry Harrison-Topham / Gareth Mead Tel: +44 (0) 20 7398 7700
henry.ht@abchurch-group.com www.abchurch-group.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
ACQFDWFMSSWSEES
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