PMP Limited
(ASX:PMP) has denied private ticketing and labelling company TMA Group any further due diligence access.
PMP says it is not satisfied that it has demonstrated adequate funding capacity to further investigate the company.
TMA proposed to pay a premium of $0.68 – $0.78 per share earlier this year.
PMP has reaffirmed its full year guidance of earnings before interest and tax of between $30 and $33 million.
In the first half of the 2012 financial year PMP reported a net profit of $4.6million.
