Member Info for moonraker483

Further to the above announcement, the board also announces that it is in discussions with in relation to acquiring the remaining 50% that the Company does not already own of its joint venture, Consort. The board is in active discussions with a number of third parties in order to fund the acquisition. The acquisition will enable SVO to recognize 100% of all profits associated with the joint venture. The board will continue to keep all shareholders updated on developments as appropriate. 18 May 2009

Serviced Office Group ("SVO" or "the Group") is pleased to announce an update in relation to its managed business and that it is has started negotiations in relation to acquiring the remaining 50% of its joint venture, Consort, which it does not already own. SVO today announces that has been appointed to manage five managed business centres located in and around London and comprising a total of 1,085 workstations. The terms of the management fees are in line with previous management contracts agreed by the Company and contain incentive payments for increasing occupancy levels within the new units. Further to the announcement by the Company on 6 April 2009, following the appointment of the Company as manager to six properties owned by Premier Office Holdings, the board became concerned that Premier could not perform there obligations to the satisfaction of the Company. The board has therefore duly given notice to Premier and will not act as manager to the properties. Taking into account the new business centres managed by the Company and the notice given to Premier, the Company now owns or manages a total of 16 business centres, extending to 241,000s.q.ft and providing a total of 2,854 workstations. The board expects the revenue from the new business centres announced today to be above that expected from the Premier buildings. Further to the above announcement, the board also announces that it is in discussions with in relation to acquirin

3.25 - 4.00 (GBX) at 10:50:51

2.75 - 3.50 (GBX) at 10:13:38 Results are due soon maybe thats what the rise is about

2.50 - 2.90 (GBX) at 16:18:00

Enjoy your evening spoil em rotten

Not sure if they will go that low is a lot of support at 35p

Don't worry about it would of gone up any hows

I saw it cart is the same mm's increase each 5000 that come in by 0 .5p L2 is sooooo good

Mnr is NOT a tip i've got it and ganna sell in morning

Still in cart my boys want to keep it think it will be safe low volumes so no big sell off i'm in at 6.2 so if goe's 10.5 i'll jump but it may have a bit in it again brought pinn this morning 0.065 on a hunch big drop yesterday got out at 0.09 at close and had ndp already they are gone now too mnr will go in the morning

yep every time i went past it it was busy so i thought worth a punt They must of been in serious trouble Pre packaged admin i think

Yeh one of my losses never to be seen again 2K who would of thought golf is not safe

RNS http://www.adwalker.com/investors/rnsReleases/rnsRelease024.asp

16.00 - 18.00 (GBX) at 12:24:28

15.00 - 16.50 (GBX) at 11:28:01

14.00 - 15.50 (GBX) at 11:24:23

13.50 - 15.50 (GBX) at 11:19:26

13.00 - 14.50 (GBX) at 11:11:07

12.50 - 14.50 (GBX) at 09:50:14