8th Feb 2012 15:49
8 February 2012
DCD Media plc
("DCD Media" or the "Company")
Response to announcement by Timeweave plc
The Board of DCD Media, the independent TV production and distribution group, notes the announcement today by Timeweave plc ("Timeweave") that it has acquired £3.068m of existing Convertible Loan Notes in the Company. The Board of DCD Media looks forward to arranging a meeting with Timeweave in due course to seek to understand better Timeweave's rationale and intentions in making this investment. A further announcement will be made by the Company as appropriate.
For further information please contact:
David Green, Chief Executive and Vice-Chairman
DCD Media
Tel. 020 8563 6976
Jeremy Ellis
Evolution Securities
Tel. 020 7071 4300
Related Shares:
DCD.L