London Town PLC: Statement re share price move | Company Announcements

Tuesday 21 July, 2009

London Town PLC

Statement re share price move

RNS Number : 0448W

London Town PLC

21 July 2009

London Town PLC

('London Town' or 'the Company')

Statement re Share Price Movement

In light of the recent share price movement the Company announces that it is considering a number of strategic options with regard to the net liability position shown by its recently published balance sheet. These options include a potential debt for equity swap with its three major shareholders at or around 5 pence per share. A further announcement will be made in due course.

Enquiries:

Nicholas Wells/Max Hartley

Cenkos Securities plc 0207 397 8900

This information is provided by RNS

The company news service from the London Stock Exchange

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