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Catalyst Media Group Plc
Suspension
Business
Jun 30 2005
5 min read

Suspension

Catalyst Media Group PLC 30 June 2005 30 June 2005 Catalyst Media Group plc ('Catalyst' or the 'Company') Suspension of shares pending proposed Reverse Takeover The Company announced on 12 November 2004 that it was in advanced negotiations to acquire a 20 per cent stake in Satellite Information Services (Holdings) Limited ('SIS') from United Business Media plc ('SIS Acquisition'). The SIS Acquisition would constitute a reverse takeover in accordance with the AIM Rules. Accordingly, the Company announced the suspension of its ordinary share capital from trading on the AIM market of the London Stock Exchange. The Company is pleased to announce that these negotiations are nearing completion and expects to be in a position to update shareholders on progress by 20 July 2005. In the interim the shares remain suspended. For further information, please contact: Paul Duffen, Chief Executive Catalyst Media Group plc +44 20 7927 6699 End This information is provided by RNS The company news service from the London Stock Exchange