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Pin to quick picks7digital Regulatory News (7DIG)

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7digital Group PLC - Update on Petition

Tue, 15th Jan 2019 07:00

RNS Number : 0670N
7digital Group PLC
15 January 2019
 

15 January 2019

 

7digital Group plc ("7digital" or the "Company")

 

Update on Petition

 

Further to the Company's update announcement dated 4 January 2019 (the "Update Announcement"), 7digital Group plc (AIM: 7DIG) is pleased to announce that it has made payment in full of the amount due from its subsidiary 7digital Trading to HMRC. Confirmation that the Petition has been duly dismissed will follow, by way of a further RNS.

 

Defined terms in the Update Announcement have the same meanings in this announcement.

 

This announcement contains information which, prior to its disclosure, was deemed inside information for the purpose of the Market Abuse Regulation.

 

For further information please contact:

 

7digital

020 7099 7777

 

Simon Cole, Chief Executive

David Holmwood, Interim Chief Financial Officer

Holly Ashmore, PR Manager

 

Arden Partners (nominated adviser and broker)

 

020 7614 5900

 

Ruari McGirr/ Tom Price/ Benjamin Cryer - Corporate Finance

 

About 7digital (http://about.7digital.com/)

7digital is the global leader in B2B end-to-end digital music solutions. The core of its business is the provision of robust and scalable technical infrastructure and extensive global music rights used to create music streaming and radio services for a diverse range of customers - including consumer brands, mobile carriers, broadcasters, automotive systems, record labels and retailers. 7digital also offers radio production and music curation services, editorial strategy and content management expertise.

7digital fosters industry growth and innovation by simplifying access to music for clients such as MediaMarktSaturn, Onkyo and musical.ly. From years of being the largest independent producer of programming for the BBC and powering services for partners like Panasonic, TDC and Fender, 7digital is perfectly positioned to lead innovation at the intersection of digital music and next-generation radio services.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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