Business
Announcement of strategic rev
Announcement of strategic rev.
About this update from Catalyst Media Group Plc
[{"type":"text","content":"\n RNS Number : 3891G Catalyst Media Group PLC 01 February 2010 \n \nAnnouncement by Catalyst Media Group Plc \n\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION \n\nCatalyst Media Group Plc \n\n(\"CMG\" or the \"Company\")\n\n1 February 2010\n\n\nAnnouncement of strategic review\n\nThe Board of CMG announces that it has commenced a review of its strategic options. This could include the sale of CMG.\n\nThe Company has appointed Rothschild as financial adviser to advise the Board through this process.\n\nA further announcement will be made in due course.\n\nThe Group's assets comprise a 20.54% stake in Satellite Information Services (Holdings) Limited (\"SIS\") and an on-line gaming platform. Further details are provided at the end of this announcement.\n\n\nAll enquiries should be directed to Rothschild.\n\nContacts:\nMichael Rosenberg, Non-executive Chairman +44 (0)7785 727595\nMelvin Lawson, Non-executive Director +44 (0)20 7637 8412\n\nRothschild, Financial Adviser to CMG\nAvi Goldberg +44 (0)20 7280 5000\nGreg Cant +44 (0)161 827 3800\nRobert King +44 (0)161 827 3800\n\nStrand Hanson Limited, NOMAD to CMG\nAngela Peace +44 (0)20 7409 3494\nJames Harris +44 (0)20 7409 3494\n\nA copy of this announcement will be available at www.cmg-plc.com Dealing Disclosure Requirements:\n\nUnder the provisions of Rule 8.3 of the Takeover Code (the \"Code\"), if any person is, or becomes, \"interested\" (directly or indirectly) in 1% or more of any class of \"relevant securities\" of CMG, all \"dealings\" in any \"relevant securities\" of that company (including by means of an option in respect of, or a derivative referenced to, any such \"relevant securities\") must be publicly disclosed by no later than 3.30 pm (London time) on the London business day following the date of the relevant transaction. This requirement will continue until the date on which the offer becomes, or is declared, unconditional as to acceptances, lapses or is otherwise withdrawn or on which the \"offer period\" otherwise ends. If two or more persons act together pursuant to an agreement or understanding, whether formal ...