Business
Statement re. Press Comment
Statement re. Press Comment.
About this update from Audioboom Group Plc
[{"type":"text","content":"\n Boomerang Plus PLC\n19 March 2008\n\nBoomerang Plus plc\n19 March 2008\nImmediate Release\n\n\n Boomerang Plus plc ('Boomerang' or the 'Company')\n\n Response to Press Speculation and Change of Nominated Adviser\n\nThe Board of Boomerang notes the recent press speculation in respect of a\npotential offer for the Company and confirms it is in preliminary talks with DCD\nMedia plc regarding a potential merger of the two businesses, which may or may\nnot lead to a merger offer being made for the Company.\n\nThere can be no certainty that an offer will be made for the Company or the\nterms on which such an offer may be made.\n\nIn accordance with Rule 2.10 of the City Code on Takeovers and Mergers,\nBoomerang confirms that, as at the close of business on 18 March 2008, it had\n8,901,231 ordinary shares of one pence each in issue and 415,894 outstanding\noptions to acquire ordinary shares. The International Securities Identification\nNumber for the ordinary shares is GB00B23VYZ68.\n\nThe Company is also pleased to announce that it has appointed Altium Capital\nLimited as its Nominated Adviser (in place of Evolution Securities Limited which\nis Nominated Adviser to DCD Media plc) with immediate effect.\n\nFurther announcements will be made as appropriate.\n\n- Ends -\n\n\nEnquiries:\n\nBoomerang Plus plc Via Redleaf Communications\nHuw Davies, Chief Executive\nMark Fenwick, Finance Director\n\nAltium Capital Limited (Rule 3 adviser and NOMAD) Tel: +44 (0) 20 7484 4040\nNick Tulloch / Melanie Szalkiewicz\n\nRedleaf Communications (PR adviser) Tel: +44 (0) 20 7822 0200\nEmma Kane / Sanna Sumner / Anna Dunkin [email protected]\n\nDealing Disclosure Requirements\n\nUnder the provisions of Rule 8.3 of the City Code on Takeovers and Mergers (the\n'Code'), if any person is, or becomes, 'interested' (directly or indirectly) in\n1% or more of any class of 'relevant securities' of Boomerang or of DCD Media,\nall 'dealings' in any 'relevant securities' of that company (including by means\nof an option in respect of, or a derivative referenced to, any such 'relevant\nsecurities') must be publicly disclosed by no later than 3.30pm (London time) on\nthe London business day following the date of the relevant transaction. This\nrequirement will continue until the date on which an offer becomes, or is\ndeclared, unconditional as to acceptance...