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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Silverdell | LSE:SID | London | Ordinary Share | GB00B12XK814 | 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% | 12.75 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMSID
RNS Number : 6346W
Silverdell PLC
31 December 2013
Silverdell plc
("Silverdell" or the "Group")
Update
Since July 2013 trading conditions in each of the Group's subsidiaries (the "Subsidiaries") have been extremely challenging, having been impacted by the administration of Kitsons, a member of the Group, and the subsequent suspension of the shares of Silverdell plc from trading on AIM. As a result of the challenging trading conditions, the working capital position of the Subsidiaries has deteriorated.
The Group continues to work with Rcapital Partners LLP to investigate a solution for the Group. This may include the sale of certain parts of the Group or a breakup of the Group. It is not anticipated that shareholders will receive any return for the shares they hold.
In accordance with AIM Rule 41, admission of the Group's shares to AIM will be cancelled on 2 January 2014 at which point the Group's shares will have been suspended from trading for 6 months.
ENQUIRIES:
Silverdell Plc Tel: + 44 20 7389 6827 Sean Nutley, Chief Executive Officer
This information is provided by RNS
The company news service from the London Stock Exchange
END
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