EGM Statement
September 19 2007 - 5:49AM
UK Regulatory
YooMedia PLC ("YooMedia" or the "Group")
EGM Statement and Update regarding earlier announcement
Following today's EGM, YooMedia announces that all resolutions were adopted by
shareholders.
On 2nd July 2007 the Group announced that it had entered into an option
agreement with a Spanish based investment company, Kasei 2000, to dispose of
the Group's subsidiary, The Gaming Channel Ltd.
The Group and Kasei 2000 have agreed jointly to extend the period of this
option and to defer part of the option payment beyond 31 October 2007 to allow
for a widened proposal which is being considered by the Group, and which may
result in Kasei 2000 becoming involved in the Group as a whole.
The Group will update the market in due course.
19 September 2007
YooMedia PLC +44 (0) 207 462 0870
Neil MacDonald, Managing Director
Nexus Financial Ltd +44 (0) 207 451 7068
Nicholas Nelson/Kathy Boate Nicholas.nelson@nexusgroup.co.uk
Seymour Pierce Limited +44 (0) 207 107 8000
Mark Percy
END
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