RNS Number : 3352O
Metrodome Group PLC
28 June 2010
Metrodome Group plc
("Metrodome" or the "Company")
Response to press speculation
28 June 2010
The Board notes the article published in the weekend press relating to a possible acquisition of Target Entertainment Group ("Target"). The Board can confirm that negotiations have been taking place with both the shareholders of Target and the advisers associated with Target but at this current time, the Company has not agreed a transaction with the shareholders of Target. The Board intends to continue its dialogue with the intention of negotiating a purchase of all or part of Target. As this transaction may be a Reverse Acquisition in terms of the AIM Rules, the trading in the Ordinary Shares of Metrodome have been suspended until such time as all talks are discontinued, a transaction which is not a Reverse Transaction is agreed or until an Admission Document is published. A further announcement will be made in due course.
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Metrodome Group plc
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Mark Webster / Steve Winetroube
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Tel: 020 7766 8600
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Charles Stanley Securities
(Nominated Adviser & Broker)
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Dugald J. Carlean / Carl Holmes
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Tel: 020 7149 6000
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Tavistock Communications
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John West / Jeremy Carey
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Tel: 020 7920 3150
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This information is provided by RNS
The company news service from the London Stock Exchange
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