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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Erinaceous | LSE:ERG | London | Ordinary Share | GB0033838276 | ORD 0.5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.65 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:6681Q Erinaceous Group PLC 25 March 2008 Erinaceous Group Plc ("Erinaceous" or "the Group") Update on Strategic Review Following the announcement of 14 January 2008, the Board wishes to update shareholders with regard to progress made with the on-going strategic review which is investigating a range of options to reduce the Group's unsustainable debt levels. The Group's banks have committed to provide on-going funding to the Group and the Board is in the advanced stages of a plan to achieve a solvent financial solution for the Group. As part of this plan, the Board also continues to review whether a sale of Erinaceous Insurance Services would be in the best interests of the Group. As indicated in previous announcements, the Board has concluded that it is highly unlikely that any value can be attributed to the Group's existing ordinary shares, regardless of whether the plan is successful or not. Further announcements will be made in due course. 25 March 2008 Ends Enquiries College Hill +44 (0)20 7457 2020 Mark Garraway Anthony Parker This information is provided by RNS The company news service from the London Stock Exchange END MSCGRGDXUXDGGIU
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