StockMarketWire.com - TLA Worldwide said discussions regarding a possible sale of its Australian business were continuing.

'In order to allow these discussions to be concluded, the period of forbearance granted by SunTrust Bank has been extended to 29 August,' the company said.

'There can be no certainty that any transaction will ultimately be forthcoming, nor can there be any certainty as to the terms of any such transaction.'

TLA Worldwide announced the sale process in December.


At 1:38pm: [LON:TLA] TLA Worldwide share price was 0p at 0.75p



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