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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 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMATH
RNS Number : 0453Z
ATH Resources plc
01 March 2013
1 March 2013
ATH Resources plc
("The Company")
Trading Update
ATH Resources plc (AIM: ATH), in Administration, today issues the following announcement.
The Board has been notified by its lender BECAP Capital Coal Limited, that Hargreaves Services plc (AIM:HSP) has acquired some of ATH Resources plc and its subsidiaries' banking facilities and their related rights.
As a result of initial discussions with representatives of Hargreaves Services plc, the Board understands that a comprehensive review and restructuring of the Group's business will be required and that, given the existing level of liabilities in the Company, it is unlikely that existing shareholder value will be maintained.
The Board will continue to update the market as appropriate.
For further information:
ATH Resources plc Alistair Black, Chief Executive Tel: +44 (0) 1302 760 462 Andrew Weatherstone, Finance Director www.ath.co.uk Hudson Sandler Tel: +44 (0) 207 796 4133 Charlie Jack / Katie Matthews www.hudsonsandler.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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