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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Ath Resources | LSE:ATH | London | Ordinary Share | GB00B013H730 | ORD 0.5P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.325 | 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
TIDMATH
RNS Number : 8556S
ATH Resources plc
05 December 2012
05 December 2012
ATH Resources plc
("ATH", the "Company" or the "Group")
Suspension of Shares
The Directors of ATH Resources plc (AIM:ATH), one of the UK's largest coal producers, announce that its lender, BECAP Capital Coal Limited (the "Lender"), has today demanded repayment of the Group's facilities, in full, with immediate effect. The Company cannot satisfy the full repayment of the facility and consequently, the Lender has today appointed administrators to ATH Resources plc under powers contained in the security held by it.
William Wright, Brian Green and Allan Graham of KPMG LLP have been appointed as administrators of the Company.
Accordingly, the Company considers itself to be unable to assess its current and future financial position and so has requested that the trading of its ordinary shares on the AIM Market of London Stock Exchange be suspended from trading.
The Company's principal trading subsidiary Aardvark TMC Limited is not in administration and continues to trade.
The Board will make further announcements as necessary in due course.
For further information:
Hot Features
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ATH Resources plc
David Port, Non-Executive Chairman Tel: +44 (0) 7836 693798
Alistair Black, Chief Executive Tel: +44 (0) 1302 760 462
www.ath.co.uk
Seymour Pierce Ltd
Stewart Dickson / Richard Redmayne Tel: +44 (0) 207 107 8000
(Nominated Adviser & Broker)
www.seymourpierce.com
Media enquiries:
Hudson Sandler
Andrew Leach / Charlie Jack / Katie Tel: +44 (0) 20 7796 4133
Matthews
www.hudsonsandler.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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