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GIN Spdr Glob Infra

25.80
-0.10 (-0.39%)
02 Jul 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Spdr Glob Infra LSE:GIN London Exchange Traded Fund
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.10 -0.39% 25.80 25.75 25.85 353 16:35:02

Further re suspension

17/06/2003 1:51pm

UK Regulatory


RNS Number:4218M
Gaming Insight PLC
17 June 2003


                               Gaming Insight Plc
                                ("the Company")


Further to the announcement made on 10 June 2003 regarding the suspension of
trading of the Company's shares, the Company makes the following announcement.

Winding up proceedings were instituted against Go Barking Mad Limited ("GBM") on
17 April 2003 and were disputed by GBM. GBM is the principal trading subsidiary
of the Company. The Company owns 51% of GBM.

GBM had not created the cash-flow that was expected due to a number of factors.
The Company hired consultants expert in gaming to conduct a strategic review of
Go Barking Mad Limited.

On 4 June 2003 another substantial creditor of GBM joined in the winding up
proceedings.

Following the presentation of the strategic review, the Board of the Company has
decided not to oppose winding up proceedings for Go Barking Mad Limited that are
taking place on Wednesday 18 June 2003.

The Board of the Company is continuing to explore ways to refinance the rest of
the Group. A further announcement will be made in due course.

Stuart Polak has resigned as non-executive director of the Board of the Company
with immediate effect.






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

END
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