Looks like GAME have pulled their shares and suspended trading. The company says it considers there was no longer any equity value left in the Group.
“Further to the announcements of 12 March 2012 and 14 March 2012,” says the statement, the board of GAME has assessed the status of the ongoing and regular discussions between GAME and its lending banks and between its lending banks and a potential third party provider of finance to the business.”
“The Board now considers itself to be unable to assess the business’s financial position, and is of the opinion that there is no equity value left in the Group. Therefore the Company has requested that the listing of its securities on the Main Market of London Stock Exchange plc be suspended from trading with effect from 7:30am today.”
“The Company will provide a further update in due course.”