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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Eatonfield | LSE:EFD | London | Ordinary Share | GB00B1FQDQ64 | 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% | 0.20 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMEFD
RNS Number : 1707K
Eatonfield Group plc
11 July 2011
Eatonfield Group plc ("Eatonfield", "the Company" or "the Group")
Re: Eatonfield Developments Limited - appointment of liquidator
The board of Eatonfield announces that at a meeting held on 8 July 2011 of the creditors of Eatonfield Developments Limited ("EDL", the Company's wholly-owned subsidiary), Zolfo Cooper LLP was appointed as liquidator to EDL.
The majority of the Group's property assets are owned by EDL and are subject to bank loans from various senior lenders. Under the loan arrangements in place, these properties are each subject to separate legal charges in favour of the relevant lenders and, in respect of some of these properties, Law of Property Act receivers have now been appointed. The board is in discussions to establish whether Eatonfield can assist certain of the lenders in realising the value of their security. A further announcement will be made in due course.
For further information please contact:
Eatonfield Group plc Tel: +44 (0)1829 261 910 Brian Corfe (Executive Chairman) Rob Lloyd (Group Chief Executive) Duncan Syers (Group Finance Director) Evolution Securities Limited Tel: +44 (0)113 243 1619 Joanne Lake/Peter Steel Optiva Securities Limited Tel: +44 (0)203 137 1904 Jeremy King Threadneedle Communications Tel: +44 (0)207 653 9850 Graham Herring/John Coles
This information is provided by RNS
The company news service from the London Stock Exchange
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