Intandem Films PLC Resignation of Director and Suspension from AIM (2669S)
September 22 2014 - 7:00AM
UK Regulatory
TIDMIFM
RNS Number : 2669S
Intandem Films PLC
22 September 2014
INTANDEM FILMS PLC
("Intandem" or the "Company")
Resignation of Director and Suspension from Trading on AIM
Intandem Films plc (AIM: IFM), the London based international
film group, announces that Andrew Brown has today stepped down from
his position as director with immediate effect. Prior to 30 July
2014 there were six members of the Company's board. The board now
consists of only Robert Mitchell and as such the Company is in
material breach of its articles of association and as a result the
Company's shares have been suspended from trading on AIM with
effect from 1pm on 22 September 2014.
As announced on 15 September 2014 the Company's financial
position remains difficult, however the Company is currently in
discussions with a number of parties regarding further investment
into the Company.
Contacts:
Intandem Films plc +44 (0)20 7851 3800
Robert Mitchell, CEO
finnCap +44 (0)20 7220 0500
Julian Blunt/Ben Thompson - Corporate Finance
Stephen Norcross - Corporate Broking
Peterhouse Corporate Finance +44 (0)20 7469 0930
Lucy Williams/Duncan Vasey
This information is provided by RNS
The company news service from the London Stock Exchange
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