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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Expomedia Grp | LSE:EXP | London | Ordinary Share | GB0031056673 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.25 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMEXP RNS Number : 7835L Expomedia Group PLC 16 January 2009 EXPOMEDIA GROUP PLC ("Expomedia" or "the Group") Temporary Suspension of trading in securities Expomedia Group plc, the AIM quoted media group with interests in exhibitions, conferences, venue management and related publishing, announces that it has requested a suspension, with immediate effect, of trading of its securities on AIM, pending clarification of the Company's financial position and strategic options. On 10 November 2008, Expomedia announced that the Group had seen a significant reduction of revenues. The Directors have subsequently entered into discussions with the Group's bankers, creditors and shareholders, in order to secure the financing required to fund's the Group's cashflow commitments. The Directors have also implemented a programme of cost savings and announced certain asset disposals. Although the Group remains in discussions with its bankers, creditors and shareholders, it has been unable to secure the necessary funding and reach agreement with certain of the Group's creditors. A further announcement will be made as appropriate. For further information please contact: +----------------------------------------------------+------------------+ | Expomedia Group Plc | 020 8386 0070 | +----------------------------------------------------+------------------+ | Mark Shashoua /Darra Comyn | | +----------------------------------------------------+------------------+ | | | +----------------------------------------------------+------------------+ | Bishopsgate Communications Ltd. | 020 7562 3350 | +----------------------------------------------------+------------------+ | Maxine Barnes / Gemma O'Hara | | +----------------------------------------------------+------------------+ | | | +----------------------------------------------------+------------------+ | Charles Stanley Securities - NOMAD and broker | 020 7149 6000 | +----------------------------------------------------+------------------+ | Mark Taylor / Ben Johnston | | +----------------------------------------------------+------------------+ This information is provided by RNS The company news service from the London Stock Exchange END SRSEAAFKFEPNEFE
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