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Conviviality Retail explain reason for suspension from trading

Conviviality Retail Plc (AIM: CVR), the UK’s largest franchised off-licence and convenience store brands trading primarily under the Bargain Booze fascia, confirmed today that, following media speculation, it is participating in a managed sale process in respect of Matthew Clark (Holdings) Limited which, if successful, would constitute a Reverse Takeover under the AIM Rules.

The Company’s shares will therefore be suspended from trading immediately and remain suspended until either these discussions have ceased or an AIM Admission Document has been published.

The Company will update shareholders with further information as appropriate. The Company will publish its Preliminary Results on Monday 13 July 2015.

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