Parallel Media says no material developments in acquisition plans
Parallel Media Group noted the sharp rise in its shares on Monday and said it continues to review acquisition prospects but there have been no material developments in its plans.
FTSE AIM All-Share
755.28
17:14 26/04/24
n/a
n/a
Live Company Group
0.47p
16:49 26/04/24
-5.00%
-0.03p
Media
11,859.60
16:59 26/04/24
1.21%
142.01
On 30 December, the company released an update in which it said it was reviewing acquisition prospects that will enable it in 2017 to confirm opportunities in the live event and entertainment sector.
At 1540 GMT, the shares were up 110% to 32.50p.