Stmnt re Share Price Movement
16 Enero 2007 - 5:27AM
UK Regulatory
RNS Number:5908P
Chariot (UK) PLC
16 January 2007
For immediate release 16 January 2007
Chariot (UK) plc
("Chariot" or the "Company")
Share price movement
The Board of Chariot have noted the recent increase in the price of the
Company's shares. Following the announcement made by the Company on 6 December
2006 the Board have been evaluating proposals received from a number of parties
relating to the disposal of the Company's assets. If any transaction were to be
undertaken by the Company the Board expects it to be announced imminently
although, at this time there can be no certainty that any transaction will
proceed. Should no transaction take place imminently the Board will be forced to
commence an orderly closure of the monday lottery as ticket sales continue to be
below the level required to sustain the game.
Any transaction, whilst being cash positive and aimed at securing the future of
the monday lottery, will not realise a significant amount of cash for the
Company.
Further announcements will be made as appropriate.
Enquiries
Chariot (UK) plc Tel: 0870 380 2121
Matthew Waterman
Noble & Company Limited Tel: 0207 763 2200
Nick Naylor
This information is provided by RNS
The company news service from the London Stock Exchange
END
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