Business
Offer Talks Terminated
Offer Talks Terminated.
About this update from Prospex Energy Plc
[{"type":"text","content":"\n Premier Management Holdings PLC\n14 March 2007\n\n\n14 March 2007\n\nPremier Management Holdings Plc\nWithdrawal from discussions relating to possible reverse takeover\n\nOn 12 December 2006, Premier Management Holdings plc (the 'Company') announced \nthat it was in discussions which may or may not lead to a transaction that would\nbe classified under the AIM Rules as a reverse takeover and requested that the \nLondon Stock Exchange suspend the Company's securities from trading on AIM.\n\nThe Company has now terminated these discussions and decided not to proceed with\nthe transaction. As a result, trading in the Company's shares is being restored\nby the London Stock Exchange with immediate effect. The Company continues to \nseek appropriate transactions that will serve to expand and increase its service\noffering.\n\nThe Company is pleased to announce that trading improved strongly in the second \nhalf of the financial year ended 31 January 2007 with more fees being earned in \nthe latest January transfer window than in the whole of the previous financial \nyear and that the profitable first half was built upon further to place the \nCompany in a position where it will be able to report its best result since \n2002. The current financial year has started well with some fees being \nearned outside of the transfer windows.\n\nThe Company proposes to announce its results for the year ended 31 January 2007 \nduring April.\n\nFor further enquires:\nBarry Gold (Chairman - Premier Management Holdings Plc) 07768 948928\n\nRichard Evans (Nominated Adviser - Brewin Dolphin Securities Ltd) 0845 270 8602\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n \n ","length":1803,"tagName":"div"}]