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Statement re. Press Comment

26 Apr 2013 12:24

RNS Number : 3524D
Pursuit Dynamics PLC
26 April 2013
 



26 April 2013

Pursuit Dynamics PLC

("PDX" or the "Company')

Statement re: Press Speculation

Pursuit Dynamics (AIM: PDX) notes the recent press speculation concerning the disposal of part of the Company's technology portfolio.

Further to the announcement of results on 26 February 2013, the Company continues to progress its programme to realise value from the Group's intellectual property portfolio and reduce its liabilities and discussions are progressing with a number of parties. The Board hopes to achieve modest proceeds from these sales but none has yet been agreed and there can be no certainty that discussions will be concluded successfully. Further announcements will be made as appropriate.

 

 

For further information, please contact:

PDX

+44 (0)1480 422 050

Dr Bernard Bulkin, Chairman

Hagen Gehringer, CEO

 

Cenkos Securities plc

 

+44 (0)20 7397 8900

Ian Soanes

Max Hartley

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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