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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Cosalt | LSE:CSLT | London | Ordinary Share | GB0002265055 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.825 | 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
TIDMCSLT
RNS Number : 5838E
Cosalt PLC
01 June 2012
Cosalt plc
('Cosalt' or the 'Company')
EXTENSION OF SHORT TERM CREDIT FACILITY
Further to the announcement on 1 May 2012, the Board of Cosalt has agreed with Oval (a company wholly owned by David Ross) an extension of a further one month, to 30 June 2012, for repayment of the short term GBP1million credit facility provided by Oval.
As announced on 16 May 2012 in its interim management statement, the Company is continuing discussions with David Ross, and with the Group's pension trustees and its banks to secure a longer term financing solution. Pending a successful conclusion of these discussions, the Group is not yet in a position to publish its Report and Accounts for the 12 months ended 31 December 2011.
The Board is continuing to focus on finding a solution to the longer term finance needs of the Group and will make a further announcement as soon as possible.
Enquiries:
Cosalt plc Tel: +44 (0) 1472 725560 Trevor Sands, Chief Executive Officer Cardew Group Tel: +44 (0) 207 930 0777
Tim Robertson
This information is provided by RNS
The company news service from the London Stock Exchange
END
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