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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Hargreaves Services Plc | LSE:HSP | London | Ordinary Share | GB00B0MTC970 | ORD 10P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 2.00 | 0.36% | 562.00 | 562.00 | 580.00 | 580.00 | 560.00 | 560.00 | 26,946 | 16:35:26 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Sanitary Services, Nec | 211.46M | 27.92M | 0.8510 | 6.82 | 190.26M |
From Apr 2019 to Apr 2024
TIDMHSP
RNS Number : 6269D
Hargreaves Services PLC
10 October 2018
Hargreaves Services plc
(the "Hargreaves" or the "Group")
Wolf Minerals Limited
The Board of Hargreaves Services plc (AIM: HSP), a diversified group delivering services to the industrial and property sectors, notes the latest announcement, made today, by Wolf Minerals Limited ("Wolf") (AIM: WLFE). The Group supplies contract mining services to Wolf's tungsten mining operation at Hemerdon, Devon.
The latest announcement from Wolf states that it has been unable to satisfactorily conclude its discussions with its key financial stakeholders and therefore is not in a position to meet its short term working capital requirements in order to continue operations at its mine. Consequently, Wolf's wholly owned subsidiary, Wolf Minerals (UK) Limited, which is a customer of the Group, has ceased trading effective immediately and voluntary administrators have been appointed.
It is not yet clear how the administrators intend to proceed and as a result Hargreaves is not able to add any further information to the statement issued by the Group on 9 October 2018.
For further details:
Hargreaves Services plc Gordon Banham, Chief Executive Officer John Samuel, Group Finance Director 0191 373 4485 Buchanan (Financial PR) Mark Court/Sophie Wills/Henry Wilson 0207 466 5000 N+1 Singer (Nomad and Joint Corporate Broker) Sandy Fraser/Rachel Hayes 0207 496 3000 Investec (Joint Corporate Broker) 0207 597 4000 Sara Hale/Helene Comitis
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
MSCUROURWRARAAA
(END) Dow Jones Newswires
October 10, 2018 08:33 ET (12:33 GMT)
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