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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Cambria Africa Plc | LSE:CMB | London | Ordinary Share | IM00B28CVH58 | ORD 0.01P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.225 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Svcs Allied W/exchanges, Nec | 920k | -178k | -0.0003 | -7.33 | 1.2M |
From May 2019 to May 2024
TIDMCMB
RNS Number : 4506S
Cambria Africa PLC
21 December 2016
Cambria Africa Plc
("Cambria" or the "Company")
Update on Dispute
Company to post security for costs in its $1.8 Million counterclaims against Consilium
The Company advised on 18 July 2016 that it has filed $1.84 million in Counterclaims against Consilium in the English High Court.
On 20 December 2016, the High Court ordered Cambria to post security for costs of GBP381,342.38 and ordered it to pay costs of GBP30,000 to Consilium. The security is to be paid into court by 6 January 2017 and will be held pending determination of Cambria's counterclaims.
The Company's board was disappointed with the ruling which was made notwithstanding an opinion by the company's auditors, Baker Tilly Isle of Man LLC, that "Cambria would be able to meet costs of GBP425,000 should they become payable." The board believes that it will comfortably meet the obligations of this ruling and go on to prevail in its counterclaim against Consilium.
Hot Features
Premium
Contacts
Cambria Africa Plc: www.cambriaafrica.com
+44 (0) 207 669
Samir Shasha 0115
Email: info@cambriaafrica.com
WH Ireland Limited: www.wh-ireland.co.uk
+44 (0) 20 7220
James Joyce / Nick Prowting 1666
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCGIBDDIGDBGLB
(END) Dow Jones Newswires
December 21, 2016 03:09 ET (08:09 GMT)
1 Year Cambria Africa Chart |
1 Month Cambria Africa Chart |
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