VSH Venue Sol

 

TIDMVSH 
 
RNS Number : 3561V 
Venue Solutions Holdings PLC 
08 July 2009 
 

Venue Solutions Holdings PLC  (the "Company") 
 
 
Re: Company Voluntary Arrangement 
 
 
Further to the announcement on 23 June 2009 regarding the Company's Corporate 
Restructuring and Company Voluntary Arrangement ("CVA"), at yesterday's 
meetings, separately of creditors and shareholders of the Company, approval was 
given to the proposed CVA with all proposals of the arrangement accepted. 
 
 
Accordingly the Company will now proceed with the CVA and will notify 
shareholders again on completion of this arrangement. 
 
 
Oliver Iny, Chief Executive, commented: 
"The CVA is one of a range of measures designed to place the Company on solid 
footing. This follows from our success in winning the case to overturn the 
bankruptcy of YourDay Inc, which finally puts us in control of the company and 
its technology. 
 
 
"Further measures are in train to augment the commercial merits of Venue 
Solutions. The shares are still suspended. Further details will be announced 
when we have finalised these additional short term plans." 
 
 
8 July 2009 
 
 
 
 
 
 
Enquiries: 
 
Oliver Iny, Chief Executive +44 (0) 207 417 8989 (Haggie Financial) 
 
Haggie Financial LLP                           +44 (0) 207 417 8989 
Nicholas Nelson/Kathy Boate                Nicholas.nelson@haggie.co.uk 
 
Arden Partner plc                                 +44 (0) 20 7398 1600 
Richard Day / Adrian Trimmings 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 MSCCKFKNQBKDBOK 
 

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