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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Acta | LSE:ACTA | London | Ordinary Share | IT0003891444 | ORD EUR0.006 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.55 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Jun 2019 to Jun 2024
TIDMACTA
RNS Number : 9873O
Acta S.p.A.
02 June 2015
2 June 2015
Acta S.p.A. ("Acta" or "the Company")
Directorate Change
Acta S.p.A. (AIM: ACTA) announces the retirement of the Company's Chairman, Robert Drummond, on grounds of ill health. It is the Company's understanding, based upon independent advice it has received, that his Board responsibilities will continue until a replacement is found.
In addition, the Company remains subject to the Concordato in continuità aziendale ex art. 160 e seguenti R.D. 16 Marzo 1942 n. 267 ("Concordato"), which it entered into in December 2014 in order to protect the assets and intellectual property of the business.
The Company continues to trade under the protection of the Court during this period. However, based on the current status, the Board sees very little prospect that value will be recovered by the shareholders following the proposed restructuring transaction.
A further update will be provided in due course.
For further information please contact:
Acta S.p.A. Tel: +39 050 644281 Paul Barritt, Chief Financial Officer www.actaspa.com Altium Capital (Nominated Advisor) Tel: +44 (0)845 505 4343 Adrian Reed / Dom Orsini Cantor Fitzgerald Europe (Broker) Tel: +44 (0)20 7894 7000 Mark Percy / David Banks
www.actaspa.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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