26th Apr 2013 12:24
26 April 2013
Pursuit Dynamics PLC
("PDX" or the "Company')
Statement re: Press Speculation
Pursuit Dynamics (AIM: PDX) notes the recent press speculation concerning the disposal of part of the Company's technology portfolio.
Further to the announcement of results on 26 February 2013, the Company continues to progress its programme to realise value from the Group's intellectual property portfolio and reduce its liabilities and discussions are progressing with a number of parties. The Board hopes to achieve modest proceeds from these sales but none has yet been agreed and there can be no certainty that discussions will be concluded successfully. Further announcements will be made as appropriate.
For further information, please contact:
PDX | +44 (0)1480 422 050 |
Dr Bernard Bulkin, Chairman Hagen Gehringer, CEO | |
Cenkos Securities plc |
+44 (0)20 7397 8900 |
Ian Soanes | |
Max Hartley | |
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