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Sale of Assets

26 Nov 2009 11:08

RNS Number : 1344D
ASG Media PLC
26 November 2009
 



26 November 2009

ASG Media plc 

("ASG" or the "Company")

Asset Sale

The Administrators of ASG Media plc confirm that on 4 November 2009 they sold the business and assets of the Group's trading subsidiaries, ASL Media Limited and Freelance Media Limited to RAM Investment Group PLC for £155,000 excluding receivables and on 9 November, the Administrators sold certain other assets of ASG to RAM Investment Group PLC for a further £20,000.

The Administrators believe that there will be insufficient assets to meet the Company's liabilities in full.

Enquiries:

Antony Batty & Company LLP 020 7831 1234 

Administrators

Antony Batty

Stephen Evans

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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Date   Source Headline
5th Dec 20074:07 pmRNSHolding(s) in Company
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13th Sep 20077:02 amRNSNew Mall Contract Signed
13th Sep 20077:01 amRNSContract Update
12th Sep 200710:40 amRNSHolding(s) in Company
4th Sep 20073:16 pmRNSFunding Update, Contract Wins
21st Aug 200710:02 amRNSHolding(s) in Company
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16th Aug 200710:36 amRNSAIM Rule 26 Information
13th Aug 20071:47 pmRNSHolding(s) in Company
6th Aug 20074:22 pmRNSTrading Statement
31st Jul 20073:50 pmRNSTotal Voting Rights
26th Jun 20076:07 pmRNSIssue of Equity
15th Jun 200711:15 amRNSStatement re Trading Update
31st May 200710:16 amRNSTotal Voting Rights
10th May 20074:08 pmRNSIssue of Equity
20th Apr 20074:09 pmRNSHolding(s) in Company
19th Apr 200712:31 pmRNSHolding(s) in Company
16th Apr 20073:13 pmRNSHolding(s) in Company
16th Apr 20079:00 amRNSTotal Voting Rights
16th Apr 20078:10 amRNSRe Contract
16th Apr 20078:00 amRNSAdmission of Shares
16th Apr 20077:30 amRNSCompletion of Demerger
13th Apr 20073:20 pmRNSHolding(s) in Company
13th Apr 20072:52 pmRNSHolding(s) in Company
13th Apr 20071:36 pmRNSSch 1 Update-Avanti Comms
11th Apr 20073:22 pmRNSExercise of Share Options
11th Apr 20073:17 pmRNSAdditional Listing
10th Apr 200710:18 amRNSEGM Statement
5th Apr 20073:48 pmRNSSch 1 Update - Avanti Comms
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