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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Maypole Group | LSE:MPG | London | Ordinary Share | GB0034318898 | ORD 0.3P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.45 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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RNS Number : 9767U
Maypole Group plc
25 October 2010
Maypole Group plc
("Maypole" or "the Company")
Monday 25 October 2010
Further re suspension
Further to the suspension of trading in the Company's shares earlier today,
Maypole Group plc announces that discussions regarding a possible re-branding
initiative referred to in the Company's interim results announcement have failed
to reach a conclusion and that Clydesdale Bank plc, bankers to the Company and
its subsidiaries (the "Group"), has today demanded repayment of its loans to the
Group. Accordingly, the Company is now in discussions with Clydesdale Bank plc
regarding the appointment of Administrators and expects to be able to announce
further details later this week.
For further information:
+---------------------------------------+-----------------------+
| Maypole Group plc | 020 7317 8022 |
+---------------------------------------+-----------------------+
| Simon Bentley - Chairman | |
+---------------------------------------+-----------------------+
| | |
+---------------------------------------+-----------------------+
| Religare Capital Markets | 020 7444 0800 |
+---------------------------------------+-----------------------+
| Peter Trevelyan-Clark / Emily Staples | |
| | |
+---------------------------------------+-----------------------+
| | |
+---------------------------------------+-----------------------+
| Alexander David Securities Ltd | 020 7448 9800 |
+---------------------------------------+-----------------------+
| David Scott | |
+---------------------------------------+-----------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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