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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Goldshield Grp | LSE:GSD | London | Ordinary Share | GB0002893823 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 486.25 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:9077P Goldshield Group plc 12 March 2008 Goldshield Group plc Goldshield succeeds in House of Lords appeal The House of Lords gave its Judgment this morning as to whether the price fixing conduct alleged by the Serious Fraud Office against Goldshield Group plc ("Goldshield" or the "Company") and others can, if proved, constitute a criminal offence (the so called "no-crime" argument). The House of Lords allowed Goldshield's appeal and found that price fixing, of itself, does not amount to conspiracy to defraud. The House of Lords also held that, if the Serious Fraud Office wish to proceed with the Prosecution, it will have to review and amend its case. Commenting on the Judgment, Keith Hellawell, Chairman of Goldshield said: "This is an excellent result for the Company and we very much hope, now our appeal has succeeded before the highest court in the land, that the Serious Fraud Office will bring an end to the criminal proceedings against Goldshield and not seek to amend its case. Given that the alleged events took place over a decade ago and as announced last week Goldshield has settled all outstanding civil claims, it is now time for the Company to move on". -Ends- Date: 12th March 2008 For further information please contact: Goldshield Group plc Rakesh Patel, Chief Executive Tel: 020-8588-9100 Web: www.goldshieldplc.com City Profile Jonathan Gillen William Attwell Tel: 020-7448-3244 This information is provided by RNS The company news service from the London Stock Exchange END MSCUUVKRWNROARR
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