News
Smoking Gun Entertainment Group plc - Suspension of Trading
SMOKING GUN ENTERTAINMENT GROUP PLC
SUSPENSION OF TRADING
15 December 2006
The Directors of Smoking Gun Entertainment Group plc ("the Company") announce
that the Company has been approached by an interested third party. Discussions
are at an early stage and if implemented would amount to a reverse takeover of
the Company. There is an accompanying need to refinance and restructure Smoking
Gun Productions Limited, a wholly owned trading subsidiary of the Company
because the subsidiary has been served with a winding up petition, due to be
heard on 10.01.07. Accordingly the Directors have requested that trading in
the shares of the Company be suspended with immediate effect pending a
further announcement as to the proposed refinancing and progress of the
approach that has been made.