20 Oct 2009 11:00
20 October 2009
ASG Media plc
("ASG" or the "Company") (AIM: ASG.L)
Suspension from trading on AIM
ASG, the leading digital screen media specialist, announced on 28 September 2009 that it had received further short term funding from Neo Media Group SA ("Neo Media") and that the Company continues to seek additional short term funding to meet the Company's immediate working capital requirement. The Company is in discussions with potential investors to secure the funding required to meet the Company's immediate and longer term finance commitments. However, in light of the uncertainty as to the timing and final outcome of the discussions with potential investors, the Company has requested a suspension of trading of its securities on AIM, pending confirmation of the financing.
The Company looks forward to updating shareholders with an update on funding and current trading in due course.
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Enquiries:
| ASG Media plc Jamie Ball, Managing Director Gary Truman, CFO | 020 7902 2345 |
| Charles Stanley Securities Nominated Adviser Russell Cook / Freddy Crossley | 020 7149 6000 |