Update
16 Novembre 2011 - 8:00AM
UK Regulatory
TIDMIPNT
16 November 2011
iPoint-media plc
("iPoint" or "the Company")
Update
The board advises that it does not believe that the Company will implement its
investing policy prior to 14 December 2011 being the anniversary of the Company
becoming an investing company pursuant to AIM Rule 15. Consequently, the board
wishes to confirm that the Company's shares will be suspended from trading on
AIM at 7:30 a.m. on Thursday 15 December 2011.
The directors will continue to pursue investment opportunities for the Company.
The Company will remain provisionally suspended for six months, following
which, if it would remain the case that the Company fails to undertake a
reverse takeover or otherwise implement its investment policy, it would be
proposed to cancel the admission of the Company's shares.
Enquiries:
iPoint Media Plc +972 3606 1600
Simon Marks
Cairn Financial Advisers LLP +44 20 7148 7900
Liam Murray / Avi Robinson
END
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