29th Sep 2011 10:00
29 September 2011
Mentum Inc
("the Company")
Update re: Disposal Discussions and Half-yearly Report
Further to the announcement made on 3 August 2011, Mentum Inc announces that it is currently in advanced discussions which may, or may not, lead to the disposal of the underlying business of the LME trading activities together with all associated liabilities and corporate structure. The presentation of the Company's Half-yearly report for the six month period ended 30 June 2011 will be affected by this process and accordingly the Company will not be able to publish its Half-yearly report until these discussions have been concluded.
As a result, the Company is not currently in a position to be able to comply with the requirements of AIM Rule 18 and its shares will therefore be temporarily suspended from trading on AIM until the Half-yearly report is published and made available to shareholders.
The Company will provide a further update in due course.
-Ends-
Enquiries:
| |
Mike Hirschfield, Mentum Inc
| Tel: +44 (0) 844 815 7339 |
Strand Hanson Limited James Harris / Angela Peace
| Tel: +44 (0) 20 7409 3494 |
Gable Communications Limited John Bick/Justine James | Tel: +44 (0) 20 7193 7463 |
Related Shares:
FOR.L