West 175 Media Group Inc
31 July 2006
West 175 Media Group Inc (the 'Company' or 'West 175')
Statement re suspension of trading
The Company has requested that the London Stock Exchange temporarily suspend the
Company's securities from trading on AIM with effect from 7:00am today.
The suspension has been requested in relation to a potential merger of the
Company with a wholly owned subsidiary of Hightex Group plc. Hightex Group plc
is a newly incorporated company which intends to apply for admission of its
shares to trading on AIM. Under such a merger, current West 175 shareholders
would be offered shares in Hightex Group plc and the Company would cease to
exist as a legal entity.
The request for a suspension today arises from the publication earlier this
morning, in the Gazette in New Zealand, of an exemption being granted by the New
Zealand Securities Commission that allows those shareholders who are based in
New Zealand to participate in such a merger.
The Company hopes to make further announcements shortly.
This information is provided by RNS
The company news service from the London Stock Exchange