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30 Sep 2010 07:30
30 September 2010
Prime Focus London plc
Suspension of shares from trading on AIM
Prime Focus London plc (AIM: PFO, 'Prime Focus London', 'the Company'), the visual entertainment services group, has requested a suspension, with immediate effect, of trading of its shares on AIM. Prime Focus Limited ('PFL'), which holds 59.96% of the Company's shares, plans to restructure its operations worldwide with a view to creating a broadly based international group. This restructuring may or may not lead to a share exchange with a subsidiary of PFL.
BDO has been appointed to review the accounts for the year to 31 March 2010 of Prime Focus London in view of the potential restructuring. The Board of Prime Focus London has therefore decided to delay the publication of the year end accounts pending the restructuring and plans to publish and post them to shareholders with any circular to shareholders relating to the restructuring. This is expected to be published in October.
Enquiries:
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Prime Focus (www.primefocusworld.com) |
020 7565 1000 |
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Neil Barnett, Finance Director |
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College Hill |
020 7457 2020 |
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Adrian Duffield/Carl Franklin |
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