Business
Response to announcement by Brave Bison Group plc
Response to announcement by Brave Bison Group plc.
About this update from Zinc Media Group Plc
[{"type":"text","content":"\n \nRNS Number : 5587F Zinc Media Group PLC 18 May 2017 \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 OF SUCH JURISDICTION\n \nThis announcement does not constitute an announcement of a firm intention to make an offer under Rule 2.7 of the City Code on Takeovers and Mergers (the \"Code\"). There can be no certainty that an offer will be made nor as to the terms on which any offer might be made.\n \nThe information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.\n \n18 May 2017\n \nZinc Media Group plc \n \n(\"Zinc Media\" or the \"Company\")\n \nResponse to announcement by Brave Bison Group plc\n \nThe Board of Zinc Media notes the announcement today by Brave Bison Group plc (\"Brave Bison\") and confirms that it is currently in preliminary discussions with the company regarding a potential combination of the two businesses. \n \nThe Company notes the requirement in accordance with Rule 2.6(a) of the Code for Zinc Media to announce either its firm intentions to propose a potential merger with Brave Bison, akin to an offer being subject to the Code pursuant to Rule 2.7 of the Code, by 5.00pm on 15 June 2017 (being the 28th day following the date of Brave Bison's announcement made in accordance with Rule 2.4 of the Code). Further announcements will be made in due course. \n \nRule 2.9 Disclosure\n \nIn accordance with Rule 2.9 of the Code, as at the date of this announcement, the Company's issue share capital comprises 619,775,478 ordinary shares of 0.00025p each (ISIN: GB00BX7RGN99)\n \nFor further information, please contact:\n \nZinc Media Group plc +44 (0) 20 7878 2311\nPeter Bertram, Chairman\nDavid Galan, Chief Operating and Financial Officer \nwww.zincmedia.com\n \nN+1 Singer (NOMAD and Broker to Zinc Media) &nb...