THE GAME GROUP PLC 
By 21 March 2012
Notice of Intention to Appoint an Administrator
"Further to this morning's announcement of the
suspension of trading in shares of GAME Group plc, the board
has concluded that its discussions with all stakeholders and
other parties have not made sufficient progress in the time
available to offer a realistic prospect for a solvent
solution for the business. The board has therefore today
filed a notice of intention to appoint an administrator.
In the short term the Board's intention is that the
business will continue to trade and discussions with lenders
and third parties will continue under the protection of the
interim moratorium."
- ENDS -
Contact
Brunswick Group | +44 207 404 5959 |
|
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| 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=19971458&t=popup . It was distributed, unedited and unaltered, by noodls on 2012-03-21 13:57:11 PM. The issuer is solely responsible for the accuracy of the information contained therein. |
