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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Ram Active | LSE:RAM | London | Ordinary Share | GB00B92FC877 | ORD 0.01P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 2.50 | 0.00 | 00:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Feb 2020 to Feb 2025
TIDMRAM
RNS Number : 1187W
RAM Active Media PLC
22 January 2013
RAM Active Media PLC
RAM ACTIVE MEDIA PLC
("RAM" or the "Company")
Update on placing, financing and offers on subsidiary company
22(nd) January 2013
RAM ACTIVE MEDIA PLC ("RAM" or the "Company")
The Company previously announced on 21st November 2012 that it was planning a fund raise to complete the transaction with Stream TV Networks Inc. and to strengthen its balance sheet.
The Company has not completed its placing yet but continues ongoing discussions with various parties to complete the transaction, including existing shareholders.
The Company also advises shareholders that it has received a number of offers to acquire a majority shareholding in its main operating subsidiary RAM Vision Limited. The Board is considering these offers and may or may not decide to proceed and recommend any of these. Should any offer be recommended it would need to be put to shareholders for approval.
In the meantime, an existing lender of RAM and its board have agreed to provide additional loan capital to strengthen the working capital position of the Company.
RAM Active Media plc
Tim Baldwin 0207 518 4303
Libertas Capital Corporate
Finance Limited
Sandy Jamieson, Thilo Hoffman 0207 569 9650
This information is provided by RNS
The company news service from the London Stock Exchange
END
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