Arsenal Holdings considering its options

Arsenal Holdings, the company which owns the famous Premiership football club which took its name from the Woolwich arsenal, is reviewing its stock exchange listing options in view of the doubts over the continuation of the PLUS stock exchange.

Arsenal Holdings, the company which owns the famous Premiership football club which took its name from the Woolwich arsenal, is reviewing its stock exchange listing options in view of the doubts over the continuation of the PLUS stock exchange.

A statement from the company said: "The directors of the company note the announcement made by PLUS Markets Group plc on 14th May 2012 regarding the orderly closure of the PLUS-quoted market over a period of up to the next six months.

"The company is reviewing its position and the options available to it in light of the announcement and will make an announcement as appropriate in due course."

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PLUS Markets Group, which owns the exchange, confirmed press speculation on Thursday that it is in discussions to sell it for a nominal sum to inter-dealer broker ICAP.

JH