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Monday 28 June, 2010

Metrodome Group PLC

Response to press speculation

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.

 

Metrodome Group plc


Mark Webster / Steve Winetroube

Tel: 020 7766 8600



Charles Stanley Securities

(Nominated Adviser & Broker)


Dugald J. Carlean / Carl Holmes

Tel: 020 7149 6000



Tavistock Communications


John West / Jeremy Carey

Tel: 020 7920 3150

 


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