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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Carter&Cart | LSE:CART | London | Ordinary Share | GB00B05K7697 | ORD 4P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 82.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:9294E Carter & Carter Group PLC 02 October 2007 Immediate Release 2 October 2007 Carter & Carter Group plc Statement re Suspension Carter & Carter Group plc ("Carter & Carter" or the "Company") has today requested that the trading of its ordinary shares be suspended with immediate effect pending clarification of its financial position. On 29 June 2007 and 13 July 2007 Carter & Carter issued trading updates advising the market that the Company had experienced a period of change and significant underperformance in the group. Since that time, the Company has been assessing its results for the 12 months ended 31 July 2007 in conjunction with its auditors and newly appointed divisional management. It has now come to the Company's attention that its results for the year to 31 July 2007 are likely to be materially lower than previously expected. In particular, the Company is assessing the recoverability of certain current assets as at 31 July 2007, together with the accuracy of certain other revenue streams in the business. However, at the current time Carter & Carter cannot accurately assess its financial position and is therefore unable to provide the market with an informed update of its position. In light of this uncertainty the Company has therefore requested a temporary suspension. The Company is currently in discussion with its banks regarding its financial position and is renegotiating its bank facilities to reflect its revised level of profitability. Shareholders will be kept informed of further developments in due course. Contacts Buchanan 020 7466 5000 Mark Edwards / Suzanne Brocks This information is provided by RNS The company news service from the London Stock Exchange END SRSOKDKKDBDBNKK
1 Year Carter & Carter Chart |
1 Month Carter & Carter Chart |
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