Motive Television PLC
('Motive' or the 'Company')
Notice of intention to appoint Administrators - Update
The Company today provides a further update 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 Company has now filed a further notice of intention to appoint administrators at Court today to enable the Company to have the benefit of the statutory moratorium for a further ten-day period.
The Board continues to explore options in order to minimise the financial uncertainty surrounding the Company. A further update will be made as and when developments occur.
Enquiries:
Motive Television plc
Michael Pilsworth, Chairman
Leonard M. Fertig, CEO
T: +44 20 7025 8425
Motive Television plc issued this content on 21 March 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 21 March 2016 14:08:09 UTC
Original Document: http://www.motivetelevision.co.uk/english/announcments-for-motive-television/948/notice-of-intention-to-appoint-administrators-update/