February 2, 2018 / 11:52 AM / in 5 months

BRIEF-Next Digital Updates On Proposed Disposal Of Magazine Businesses

Feb 2 (Reuters) - Next Digital Ltd:

* ‍REFERS TO PROPOSED DISPOSAL OF CERTAIN MAGAZINE BUSINESSES OF COMPANY​

* ‍SELLERS STILL HAVE NOT RECEIVED FUNDS WHICH BUYER HAS PROMISED TO PAY IN ORDER FOR SAFE-HARBOUR COMPLETION TO TAKE PLACE​

* ‍SELLERS WILL TREAT BUYER’S FAILURE TO PAY AS ITS TERMINATION OF TRANSACTION​

* ‍APPLICATION MADE TO STOCK EXCHANGE FOR RESUMPTION OF TRADING IN SHARES OF CO ON STOCK EXCHANGE WITH EFFECT FROM 9:00 A.M. ON 5 FEB 2018​ Source text for Eikon: Further company coverage:

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