Yolo Leisure and Technology notes potential takeover interest in TVPlayer

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Yolo Leisure and Technology said it understood that TVPlayer, in which it held a 3.3% stake, had held discussions with a number of potential acquirers.

'None of these discussions have yet reached a stage when a definitive offer has been made for the company,' Yolo said.

'It is unclear at present what return may be generated for shareholders in TVPlayer in the event of a sale of its business as a going concern or any of its assets.'

Yolo also holds £50,000 of convertible loan notes in TVPlayer.