Statement re. Share Price Movement

RNS Number : 3680V

Altitude Group PLC

15 April 2016

 

ALTITUDE GROUP PLC

("Altitude" or the "Company")

Statement re. Share Price Movement

The Directors of Altitude have noted the recent increase in the Company's share price.

The Company is currently in early stage discussions over the sale of its exhibition and publications business (the "Potential Sale"), the completion of which would result in Altitude focusing entirely on the technology business.

There is no guarantee at this stage that the Potential Sale will take place.  If the transaction is agreed, the Directors expect that it would be classified as a fundamental change of business under the AIM Rules for Companies and require the prior approval of shareholders.

Further announcements will be made in due course.

Contact:

Altitude Group plc
Peter Hallett (Non-Executive Chairman)	Tel: [phone]
WH Ireland Limited (Nominated Adviser and Broker)
Tim Feather Liam Gribben	Tel: [phone]

 

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