Sale of Assets
26 Novembre 2009 - 12:08PM
UK Regulatory
TIDMASG TIDMRAM
RNS Number : 1344D
ASG Media PLC
26 November 2009
26 November 2009
ASG Media plc
("ASG" or the "Company")
Asset Sale
The Administrators of ASG Media plc confirm that on 4 November 2009 they sold
the business and assets of the Group's trading subsidiaries, ASL Media Limited
and Freelance Media Limited to RAM Investment Group PLC for GBP155,000 excluding
receivables and on 9 November, the Administrators sold certain other assets of
ASG to RAM Investment Group PLC for a further GBP20,000.
The Administrators believe that there will be insufficient assets to meet the
Company's liabilities in full.
Enquiries:
Antony Batty & Company LLP
020 7831 1234
Administrators
Antony Batty
Stephen Evans
This information is provided by RNS
The company news service from the London Stock Exchange
END
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