Option Agreement
06 Enero 2010 - 6:42AM
UK Regulatory
TIDMPMA
RNS Number : 1245F
Premier Management Holdings PLC
06 January 2010
Premier Management Holdings PLC ("Premier" or the "Company")
Option Agreement
Further to the announcements released by the Company on 30 June 2009 and 30
September 2009 in relation to the call option agreement entered into with Robert
Easom, Julian Cordani and Hamilton International plc (the "Vendors") to acquire
Trading Sports Limited (the "First Option"), and the announcement released by
the Company on 23 July 2009 in relation to a call option agreement entered into
with Mr Robbert Jol to acquire a 25% shareholding in Finalfutures.com Limited
(the "Second Option"), the Company announces that it has today entered into
Deeds of Amendment amending the terms of the First Option and the Second Option
(together, the "Options").
Accordingly, the period during which the Options may be validly exercised by
Premier has been extended from 31 December 2009 to 30 April 2010. In addition,
the date for payment by Premier of the consideration due to the Vendors in
respect of the First Option, in the event that it is not exercised by premier,
has been extended from 31 March 2010 to 30 April 2010
The exercise of the Options remains subject to completion of satisfactory due
diligence by Premier on Trading Sports Limited and its subsidiaries and approval
by the Company's board. All other terms and conditions of the Options, as
announcement previously, remain unchanged.
For further information please contact:
+------------+-------------------+
| Premier | 07768 948 928 |
| Management | |
| Holdings | |
| plc | |
| Barry Gold | |
+------------+-------------------+
| | |
+------------+-------------------+
| Brewin | 0845 213 4730 |
| Dolphin | |
| Investment | |
| Banking | |
| Mark Brady | |
+------------+-------------------+
| | |
+------------+-------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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