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BRST Burst Med Reg S

31.25
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Burst Med Reg S LSE:BRST London Ordinary Share COM SHS USD0.01 (REGS)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 31.25 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Suspension Announcement (1655G)

09/05/2011 8:00am

UK Regulatory


Burst Media Corporation (LSE:BRST)
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RNS Number : 1655G

Burst Media Corporation

09 May 2011

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN

For immediate release

9 May 2011

ACQUISITION (the "Acquisition")

OF

BURST MEDIA CORPORATION ("Burst")

BY

BLINKX PLC ("blinkx")

Suspension of Trading in Burst Shares

Effective from 7.30 a.m. (BST) today, 9 May 2011, the admission to trading on AIM of Burst Shares has been suspended pending completion of the Acquisition ("Completion") which is expected to take place in the US later today.

On Completion, Burst will become a wholly owned subsidiary of blinkx and trading in Burst Shares will remain suspended until the cancellation of the admission to trading of the Burst Shares, which is expected to become effective at 7.00 a.m. (BST) on 12 May 2011.

If Completion does not occur the suspension will be lifted.

All definitions contained in this announcement will have the same meaning as defined in the joint announcement made by blinkx and Burst released on 8 April 2011.

Enquiries:

blinkx plc

Suranga Chandratillake, Chief Executive Officer +1 415 655 1450

Jonathan Spira, Chief Financial Officer

Burst Media Corporation

Jarvis Coffin, Chief Executive Officer +1 781 852 5271

Steve Hill, Chief Financial Officer

Canaccord Genuity Limited (Financial Adviser to blinkx)

Rory O'Sullivan +44 20 7050 6500 Christopher Fincken

Citigroup Global Markets Ltd (NOMAD and Broker to blinkx)

Charles Lytle +44 20 7986 4000

Christopher Wren

Altium (Financial Adviser and NOMAD to Burst)

Tim Richardson +44 20 7484 4040

Paul Chamberlain

Financial Dynamics (PR Adviser to blinkx)

Edward Bridges +44 20 7831 3113

Charles Palmer

Haya Herbert-Burns

Hudson Sandler (PR Adviser to Burst)

Nick Lyon +44 20 7796 4133

This information is provided by RNS

The company news service from the London Stock Exchange

END

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