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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Media And Income Trust Plc | LSE:MEI | London | Ordinary Share | GB0009216283 | ORD 2.5P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.01 | 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:5862Y
Media & Income Trust PLC
12 July 2002
APPOINTMENT OF ADMINISTRATIVE RECEIVERS
12 July 2002
Further to recent discussions with the Company's debt providers, the Board has
been considering the future of the Company. The Board has now invited the
Company's debt providers to appoint receivers following a further deterioration
in the value of the portfolio, causing its liabilities to exceed its assets.
Simon Bower and Mike Hore, two partners from RSM Robson Rhodes, have been
appointed as joint administrative receivers of The Media and Income Trust PLC.
The administrative receivers are committed to realising the best value from the
Company's portfolio and are exploring all the options open to them
The suspension of trading in all classes of shares in The Media and Income Trust
PLC and its subsidiary Media Zeros PLC was announced on 10 July 2002.
Enquiries
Aberdeen Asset Management
Chris Fishwick
Tel. 020 7463 6000
RSM Robson Rhodes
Simon Bower / Gareth Morris
Tel. 020 7865 2488
This information is provided by RNS
The company news service from the London Stock Exchange
1 Year Media And Income Chart |
1 Month Media And Income Chart |
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