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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Fishing Rep. | LSE:FISH | London | Ordinary Share | GB00BY7RY763 | 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% | 5.00 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMFISH
RNS Number : 0443H
Fishing Republic PLC
12 November 2018
Fishing Republic plc
("Fishing Republic" or "the Company" or "the Group")
Company Update
Fishing Republic announces that, further to the notification by the Company on 16 October 2018, the Directors have been working with the Company's professional advisers to asses a number of options for the future of the Group. There does, however, remain a material uncertainty regarding the Group's financial position, and the Group continues to trade only with the short-term support of key creditors.
The Company is currently seeking to raise equity finance to fund its immediate and future working capital requirements. If the Company fails to raise sufficient equity finance and no other funding becomes available, then there will be a significant doubt as to the Group's ability to continue to trade as a going concern.
A further announcement will be made in due course and by the end of November.
The Company's shares remain suspended from trading on AIM.
Enquiries:
Fishing Republic plc T: 020 3178 6378 (today) James Newman, Executive Chairman KTZ Communications Limited T: 020 3178 6378 Katie Tzouliadis, Emma Pearson Northland Capital Partners Limited T: 020 3861 6625 Nominated Adviser and Broker Matthew Johnson, Jamie Spotswood, David Hignell (Corporate Finance) Abigail Wayne, Rob Rees (Corporate Broking)
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
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November 12, 2018 05:00 ET (10:00 GMT)
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