Brave Bison Group has confirmed that no approaches have been made to the company since chief executive Ashley MacKenzie resigned on Monday.
MacKenzie, who resigned after a disagreement with the board on the future strategy of the company and the timing of any potential exit, will remain in his role which the company searches for a successor.
The company says it has noted press comments and confirms that no approaches have been made to the company and no other corporate activity has taken place.
The company expects to provide the market with a trading update for the year ended 31 December towards the end of January.
At 9:33am: (LON:BBSN) Brave Bison Group Plc share price was 0p at 2.63p