21 March 2012
The GAME Group plc ('GAME' or 'the
Group')
Suspension from trading
"Further to the announcements of 12 March
2012 and 14 March 2012, the board of GAME has assessed the
status of the ongoing and regular discussions between GAME
and its lending banks and between its lending banks and a
potential third party provider of finance to the
business.
The Board now considers itself to be unable to assess the
business's financial position, and is of the opinion that
there is no equity value left in the Group. Therefore the
Company has requested that the listing of its securities on
the Main Market of London Stock Exchange plc be suspended
from trading with effect from 7:30am today.
The Company will provide a further update in due
course."
- ENDS -
Contact
Brunswick Group | +44 207 404 5959 |
distributed by | This press release was issued by The Game Group plc and was initially posted at http://www.gamegroup.plc.uk/gmg_plc/investors/rns/rnsitem?id=19970712&t=popup . It was distributed, unedited and unaltered, by noodls on 2012-03-21 08:51:35 AM. The issuer is solely responsible for the accuracy of the information contained therein. |