Information  X 
Enter a valid email address

World Television Grp (WTV)

  Print      Mail a friend

Tuesday 29 May, 2007

World Television Grp

Statement re (POTAM)

World Television Group PLC
29 May 2007


The Company has been informed by the Executive of the Panel on Takeovers and
Mergers ("Panel Executive") that the Panel Executive has received
representations from a shareholder concerning the issue and exercise of the 2007
Convertible Loan Notes ("Notes") in January 2007 and April 2007 respectively and
the application of Rule 9 of the Takeover Code.

In the light of these representations, the Panel Executive is reviewing the
ruling which it made earlier this year that the issue and exercise of the Notes
could proceed without Rule 9 consequences.

A further announcement will be made once the Panel has completed its review.


                      This information is provided by RNS
            The company news service from the London Stock Exchange