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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Sinclair Will. | LSE:SNCL | London | Ordinary Share | GB0009665661 | ORD 25P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 9.375 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From May 2019 to May 2024
TIDMSNCL
RNS Number : 7838U
Sinclair (William) Holdings PLC
31 July 2015
WILLIAM SINCLAIR HOLDINGS PLC
(the "Company")
Update on Suspension of Trading on AIM
Following yesterday's announcement regarding the suspension of the trading in the Company's shares, the Board is now providing a further update.
On 26th May the Company announced that it would face a funding shortfall during the summer and on 30th June the Company announced that "significant progress towards a funding solution is needed in the next few weeks and there can be no certainty as to the outcome of any of these discussions".
The Board has exhausted a thorough process including an attempted share placing, transactions with trade and financial parties and disposals of individual assets but has been unsuccessful in obtaining the required additional funding.
Therefore the Board has no alternative but to place the Company into Administration and accordingly has appointed Will Wright and Mark Orton of KPMG Restructuring as Joint Administrators.
We understand that the Joint Administrators have sold the business and assets of Sinclair Horticulture today to Westland Horticulture.
ENDS
For further information:
William Sinclair Holdings PLC Tel: 07802 625731
Rupert King, Chairman
WH Ireland Limited
Paul Shackleton Tel: 020 7220 1666
Liam Gribben
This information is provided by RNS
The company news service from the London Stock Exchange
END
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