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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Leisure&Gaming | LSE:LNG | London | Ordinary Share | GB00B071S784 | 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% | 5.00 | 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 : 3109M
Leisure & Gaming plc
21 May 2010
Leisure & Gaming plc ("the Company")
Strategic Review and Suspension
Further to the announcement of results for the quarter ended 31 March 2010,
football results have continued to be unfavourable and sports margins have
remained below expectations and this has had a consequential impact on the
Company's profitability and cash position. The Company now finds itself
constrained by a lack of working capital.
All businesses continue to trade and the Directors are in early stage
discussions with a number of parties with a view to securing further funding for
the business and are undertaking a strategic review of the business which may
lead to a disposal of certain businesses and assets in its portfolio. There is
no expectation of an offer for Leisure & Gaming plc.
Given the uncertainty over the Company's current financial position, it has
requested an immediate suspension in the trading of the Company's shares on AIM.
A further announcement will be made in due course.
For further information, please contact:
Richard Creed,
Leisure & Gaming plc
Tel 020 8545 2190
Geoff Nash, Charlotte Stranner (Corporate Finance)
FinnCap
Tel 020 7600 1658
This information is provided by RNS
The company news service from the London Stock Exchange
END
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