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Digital Learning Marketplace p (ARGP)

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Thursday 15 November, 2012

Digital Learning Marketplace p

Digital Learning Marketplace plc : Resignation ...

Digital Learning Marketplace plc : Resignation of Nominated Adviser, Update on Proposals

15 November 2012

Digital Learning Marketplace plc

("DLM" or the "Company")

Resignation of Nomad
Update on Proposals

By mutual consent, Beaumont Cornish Limited has resigned as the Company's Nominated Adviser with immediate effect.

The Company is in the process of finalising a circular to shareholders concerning the liquidation and disposal of its entire existing business, a company voluntary arrangement to substantially eliminate existing indebtedness, the issue of convertible loan notes, the appointment of directors and the adoption of an investing policy together with a change of name.

Following the General Meeting expected to be held in early December, the Company envisages the appointment of a Nominated Adviser. In the Meantime, trading in the Company's shares on AIM remains suspended.


For further information, please contact:

Digital Learning Marketplace Plc       Tel: 020 7408 4720

Angus Forrest

PeterhouseCorporate Finance           Tel: 020 7469 0930

Jon Levinson

Leander (Financial PR)                     Tel: 07795 168157

Christian Taylor-Wilkinson

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Digital Learning Marketplace plc via Thomson Reuters ONE


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