Yoomedia PLC
04 October 2006
YooMedia plc / Index: AIM / Epic: YOO / Sector: Media
4 October 2006
YooMedia plc ('YooMedia' or 'the Company')
EGM Statement
YooMedia, the AIM-traded interactive media and games group, held an
Extraordinary General Meeting ('EGM') yesterday (3 October 2006) and all
resolutions were duly carried. At the meeting, Chairman Michael Sinclair said:
'We are beginning to see the benefits of the recent period of reconstruction in
the performance of the core business and we expect that this will translate into
a strengthening in the Company's financial position in the future. The action
taken was aimed at strengthening the balance sheet and re-positioning YooMedia's
product offering to capitalise on growing opportunities within the interactive
media market. In the current climate, I think that it is important to reiterate
that the Company does not take bets from outside the UK and therefore does not
have any exposure to the US gaming market.'
* * ENDS * *
For further information visit www.yoomedia.com or contact:
Neil MacDonald YooMedia plc Tel: 020 7462 0870
Mark Percy Seymour Pierce Limited Tel: 020 7107 8000
Isabel Crossley St Brides Media & Finance Ltd Tel: 020 7242 4477
This information is provided by RNS
The company news service from the London Stock Exchange
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