Motive Television PLC
('Motive' or the 'Company')

Notice of intention to appoint Administrators - Update


The Company today provides an update, further to the announcement made on 4 March 2016, in which Motive announced that it had filed at court a second notice of intention to appoint administrators.The second filing provided the Company with a statutory moratorium for a ten-day period, ending on 18 March 2016.The Board continues to explore options in order to minimize the financial uncertainty surrounding the Company. A further update will be made as and when developments occur.As the Company has been unable to appoint a replacement Nominated Advisor, under AIM Rule 1, the admission of the Company's shares to trading on AIM has now been cancelled.
Enquiries:
Motive Television plc Michael Pilsworth, ChairmanLeonard M. Fertig, CEO T: +44 20 7025 8425

Motive Television plc issued this content on 17 March 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 17 March 2016 09:34:03 UTC

Original Document: http://www.motivetelevision.co.uk/english/announcments-for-motive-television/947/notice-of-intention-to-appoint-administrators-update/