Posts tagged with "game group plc"

277 Stores to Close as GAME Enters Administration

277 Stores to Close as GAME Enters Administration
On Monday the 26th of March, the face of specialist gaming retail on the UK high street changed dramatically. Yesterday marked the closure of 277 GAME and Gamestation stores (including Gamestation’s flagship Birmingham New Street store) and the loss of over two thousand jobs as GAME Group PLC went into administration. The official statement from GAME Group:  “Mike Jervis and Stuart Maddison of PwC were appointed joint administrators of... 

GAME Group to File for Administration

GAME Group to File for Administration
After this morning’s news that GAME Group PLC had been delisted from the London Stock Exchange, in which they stated that “The Company [would] provide a further update in due course,” a further press release has been issued. In the press release they state that talks with third parties have not progressed far enough and as they don’t have enough time left to sort out a viable plan for the business, they have filed for administration. The... 

Game Group Plc Delisted From London Stock Exchange

Game Group Plc Delisted From London Stock Exchange
GAME Group PLC has issued a press release today regarding the state of the company, in which it states that they have requested to be delisted from the London Stock Exchange as of 7:30 am today. Apparently the reason for this move is that the board believes there is no value left in the group. The full statement can be read below: “Further to the announcements of 12 March 2012 and 14 March 2012, the board of GAME has assessed the status of the... 
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