Forecourt TV Suspends Trading Following Strategic Review

Forecourt TV, the company that introduced looped television ads to service station forecourts, has suspended trading with immediate effect.

The announcement follows a strategic review of the company’s operations and an assessment of the funding options required for the full scale roll-out of the ad-screen technology currently being trialled at the M4 Heston services.

According to a statement issued by Forecourt TV’s holding company, FTV, the group had received favourable feedback from advertisers and agencies interested in the new technology and was looking to identify possible merger partners or a buyer for the business.

However, following the company’s depressed current trading and the continuation of the difficult advertising market conditions, the decision has been made to suspend trading less than two years after the company applied for its shares to be admitted to trading on AIM index (see Forecourt TV Prepares For AIM Listing).

It is understood that the company hopes to return with a different financial model at some point in the future.

Forecourt TV: 020 7863 255

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