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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Customvis | LSE:CUS | London | Ordinary Share | GB0033220350 | ORD 0.01P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.93 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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TIDMCUS
RNS Number : 3908K
CustomVis plc
19 April 2010
19 April 2010
CustomVis plc
("CustomVis" or "the Company")
Suspension of trading and appointment of administrators
As stated in the interim results for the six month period ended 31 December
2009, announced on 30 March 2010, low sales performance in the third quarter of
the last financial year placed considerable pressure on the cashflow of the
Company. It was also stated that the Directors were pursuing various options
including the option of raising additional capital.
The options the Directors were pursuing have not progressed sufficiently and the
Company has been unable to raise additional funding for working capital
purposes. Therefore, the Directors had no option but to place the Company's
principal trading subsidiary, CLVR Pty Limited, into administration and to
request that trading in the Company's shares on AIM be suspended with immediate
effect.
Further announcements will be made in due course.
-ends-
For further information, please contact:
+---------------------------------+---------------------------------+
| CustomVis plc | |
+---------------------------------+---------------------------------+
| Simon Carroll, Chairman | +61 419 304 906 |
| Paul van Saarloos, CEO | +61 410 497 456 |
+---------------------------------+---------------------------------+
| | |
+---------------------------------+---------------------------------+
| Merchant John East Securities Limited |
+-------------------------------------------------------------------+
| David Worlidge / Simon Clements | 020 7628 2200 |
+---------------------------------+---------------------------------+
| | |
+---------------------------------+---------------------------------+
| Leander PR | |
+---------------------------------+---------------------------------+
| Christian Taylor-Wilkinson | 07795 168 157 |
+---------------------------------+---------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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