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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| The Market Age | LSE:TMA | London | Ordinary Share | GB0009256867 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.00 | - |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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RNS Number:0672M
Market Age PLC
09 June 2003
The Market Age Plc has today convened a meeting of the holders of its
subordinated unsecured loan notes ('Loan Notes') for 24 June 2003 to consider a
proposal to waive the interest payment due on 28 March 2003, all outstanding
interest accrued and to cancel the current Loan Notes in exchange for a cash
payment of 10 pence for every #1.00 of Loan Notes held. The Board is
considering a proposal received from a third party to restructure the Group
which is subject, inter alia, to the Loan Note holders agreeing to the cash
settlement and the sale of the Group's operating subsidiary, Pronet
Analytics.com Limited, to its management.
The restructuring proposal is likely to value the Group at less than its current
market capitalisation. The Board will keep shareholders informed of further
developments.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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