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IMM Immupharma Plc

1.195
-0.085 (-6.64%)
20 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Immupharma Plc LSE:IMM London Ordinary Share GB0033711010 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.085 -6.64% 1.195 1.10 1.29 1.20 1.08 1.20 1,991,855 16:35:11
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Finance Services 0 -2.92M -0.0070 -1.59 5.33M

Temporary Suspension

18/09/2003 8:01am

UK Regulatory


RNS Number:8907P
Internet Music & Media PLC
18 September 2003

                                                             To be embargoed for
                                                            18th September, 2003

              Internet Music & Media plc ("IMM" or "the Company")

                             Closure of Subsidiary

IMM announces that the directors of its wholly owned subsidiary, Groovetech
Limited, have resolved that it should cease trading. Groovetech Limited was
established to sell product to the UK and Europe and has never been profitable.

The directors of IMM are assessing the impact of the closure of Groovetech
Limited on the operations of Groovetech LLC, the US subsidiary of IMM. In the
meantime, the directors of IMM have requested that trading in its ordinary
shares on AIM is suspended, pending clarification of the Company's financial
position.

18th September, 2003

                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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