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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Deepverge Plc | LSE:DVRG | London | Ordinary Share | GB00BMGWZY29 | ORD 0.1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.15 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMDVRG
RNS Number : 7131F
Deepverge PLC
12 July 2023
DeepVerge plc
("DeepVerge" or "the Company" or "the Group")
Update
The Company announced on 26 June 2023 that the Board had taken the decision to no longer support the ongoing costs of the operating businesses, and was seeking to realise whatever value is possible through the sale of one or more of the Labskin, Modern Water and Glanaco business units. The Board's expectation remains that this process will result in the sale, closure or administration of all Group subsidiaries.
To avoid incurring additional costs, the Board has today decided to issue redundancy notices to all remaining staff to take effect on 31 July 2023.
Further updates will be given as appropriate.
Nigel Burton, Interim DeepVerge plc CEO +44 (0) 7785 234447 SPARK Advisory Partners Limited +44 (0) 113 370 (Nominated Adviser) Neil Baldwin 8974 ----------------------- -------------------- Turner Pope Investments Andy Thacker/James +44 (0) 20 3657 (TPI) Limited (Broker) Pope 0050 ----------------------- --------------------
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END
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(END) Dow Jones Newswires
July 12, 2023 02:00 ET (06:00 GMT)
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