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Share Name Share Symbol Market Type
Utilitywise Plc Ord GBP0.001 NEX:UTW.GB NEX Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 2.15p 1.70p 2.60p - - - 0 00:00:00

Utilitywise plc Appointment of Administrators

14/02/2019 7:01am

UK Regulatory (RNS & others)


Utilitywise Plc Ord GBP0.001 (NEX:UTW.GB)
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RNS Number : 9521P

Utilitywise plc

14 February 2019

14 February 2019

Utilitywise plc

("Utilitywise" or the "Company")

Appointment of Administrators

Utilitywise announces that, further to the Company's announcement of 13 February 2019, Andrew James Johnson and Chad Griffin, both of FTI Consulting LLP, 200 Aldersgate Street, London EC1A 4HD, have been appointed as joint administrators to Utilitywise plc.

No other companies in the Company's group have had administrators appointed and as such, Icon Communication Centres s.r.o, Energy Intelligence Centre Limited and T-Mac Technologies Limited continue to trade on a business as usual basis.

There is not expected to be any return to the shareholders of Utilitywise.

FTI Consulting LLP will provide further updates in due course.

Temporary Suspension of Trading on AIM

The shares of Utilitywise remain suspended pending further notice.

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement this inside information is now considered to be in the public domain.

Enquiries:

 
 FTI Consulting LLP                                              020 3727 1000 
 energy@fticonsulting.com 
 finnCap (Nominated Adviser, Rule 3 Adviser and Joint Broker) 
  Matt Goode / James Thompson (Corporate Finance)                020 7220 0500 
 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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February 14, 2019 02:01 ET (07:01 GMT)

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