Cancellation of AIM Admission
June 09 2009 - 2:00AM
UK Regulatory
TIDMBKN
RNS Number : 5593T
BKN International AG
09 June 2009
+------------------------------------+------------------------------------+
| Press Release | 9 June 2009 |
+------------------------------------+------------------------------------+
BKN New Media Ltd ("BKN" or the "Company")
BKN to Cancel Admission to Trading on AIM
The Company's Management and Supervisory Boards (the "Board") are of the opinion
that the cost of maintaining the AIM admission outweigh the benefits provided by
that quotation. The Company will continue to be listed on the Deutsche Böurse
and the Company's securities will continue to be traded on this exchange.
The Board has undertaken a detailed assessment of trading in the Company's
securities and has noted that the BKN stock has substantially more daily volume
on the Deutsche Böurse. The Board is of the opinion that the AIM quotation does
not improve liquidity in the Company's shares.
The cancellation date for the admission of the Company's securities to trading
on AIM is Tuesday, 7 July 2009.
=- Ends --
Enquiries:
+--------------------------------------------+---------------------------+
| BKN International AG | |
+--------------------------------------------+---------------------------+
| Allen Bohbot, Chief Executive Officer | Tel: +49 221 12608214 |
+--------------------------------------------+---------------------------+
| allen.bohbot@bknkids.com | |
+--------------------------------------------+---------------------------+
| Wayne Mowat, Chief Financial Officer | Tel: +44 20 7269 8687 |
+--------------------------------------------+---------------------------+
| wayne.mowat@bknkids.com | |
+--------------------------------------------+---------------------------+
| Sascha Ziemann, Finance & Investor | Tel: +49 221 12608211 |
| Relations Manager | |
+--------------------------------------------+---------------------------+
| sascha.ziemann@bknkids.com | |
+--------------------------------------------+---------------------------+
| Laura Tapias, Managing Director | Tel: +34 93 368 18 00 |
+--------------------------------------------+---------------------------+
| laura.tapias@bknkids.com | |
+--------------------------------------------+---------------------------+
| Nicola Andrews, Managing Director | Tel: +44 20 7269 8677 |
+--------------------------------------------+---------------------------+
| nicola.andrews@bknkids.com | |
+--------------------------------------------+---------------------------+
| Matthew Graham-Clare, Managing Director | Tel: +44 20 7269 8678 |
+--------------------------------------------+---------------------------+
| matthew.graham-clare@bknkids.com | |
+--------------------------------------------+---------------------------+
| www.bknkids.com | |
+--------------------------------------------+---------------------------+
Nominated Adviser & UK Broker:
+--------------------------------------+---------------------------------+
| Hanson Westhouse Limited | |
+--------------------------------------+---------------------------------+
| Richard Baty | Tel: +44 20 7601 6100 |
+--------------------------------------+---------------------------------+
| richard.baty@hansonwesthouse.com | |
+--------------------------------------+---------------------------------+
+--------------------------------------+---------------------------------+
| Designated Sponsor in Germany: | |
+--------------------------------------+---------------------------------+
| Close Brothers Seydler | Tel: + 49 69-92054-138 |
| Steven Rockenhaeuser | |
+--------------------------------------+---------------------------------+
| steven.rockenhaeuser@cbseydler.com | |
+--------------------------------------+---------------------------------+
Notes to Editors:
About BKN:
BKN International AG is a global animation group engaged in the distribution and
marketing of animated children's television programmes and the marketing of
related consumer products (licensing and merchandising) in all forms. BKN has
worked on numerous successful animation projects.
The Company is currently listed on the Deutsche Bourse and AIM and it operates
all over the world. BKN has successfully negotiated distribution deals in over
90 countries and territories in the children's programming market.
The Group's Film Library includes:
+------+---+---------------------------------+---+------------------------------+
| | - | Dork Hunters from Outer Spacec | - | Pocket Penguin Adventuresc |
+------+---+---------------------------------+---+------------------------------+
| | - | Extreme Dinosaursc | - | Roswell Conspiraciesc |
+------+---+---------------------------------+---+------------------------------+
| | - | Kong - The Animated Seriesc | - | Stone Agec |
+------+---+---------------------------------+---+------------------------------+
| | - | Legend of the Dragonc | - | UBOSc |
+------+---+---------------------------------+---+------------------------------+
| | - | Pocket Dragon Adventuresc | - | Zorro: Generation Zc |
+------+---+---------------------------------+---+------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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