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ADIL Adili

1.25
0.00 (0.00%)
17 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Adili LSE:ADIL London Ordinary Share GB00B28CRF51 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.25 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Statement re Suspension

03/02/2010 2:00pm

UK Regulatory



 
TIDMADIL 
 
Adili Plc ("Adili" or the "Company") 
 
                           Statement re: Suspension 
 
The Board of Adili (AIM:ADIL) announces that trading in the Ordinary Shares of 
the Company has been suspended with immediate effect, pending clarification of 
the Company's financial position. 
 
As disclosed in the Trading Update of 10 December 2009 and the Interim Report 
of 18 January, the board anticipated a need for further working capital funding 
in February / March 2010 and had been exploring various options for financing 
this additional requirement without recourse to shareholders. Unfortunately, 
the active discussions to secure the future of the business have now terminated 
without agreement having been reached. Although the board continues to explore 
options, including the possibility of re-opening those discussions, the 
uncertainty of the Company's financial position at this stage means that a 
temporary suspension is considered to be appropriate. 
 
A further announcement will be made in due course. 
 
Enquiries: 
 
Adili plc                      Adam Smith, Chief Executive T: 01258 837 437 
                               Officer 
 
                               Nick Samuel, Chairman 
 
Seymour Pierce                 Nicola Marrin               T: 020 7107 8000 
 
                               Catherine Leftley 
 
 
 
END 
 

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