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HNG Hawkwing Plc

6.50
0.00 (0.00%)
09 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Hawkwing Plc LSE:HNG London Ordinary Share GB00BLF0L315 ORD 2P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 6.50 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Hawkwing PLC Update on Hawkwing loan to IFG (2427E)

26/10/2022 5:26pm

UK Regulatory


Hawkwing (LSE:HNG)
Historical Stock Chart


From Dec 2021 to Dec 2024

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TIDMHNG

RNS Number : 2427E

Hawkwing PLC

26 October 2022

26 October 2022

Hawkwing plc

("Hawkwing" or the "Company")

Update on Hawkwing loan to IFG

The Company has been advised that liquidators have been appointed to IFG (SPP) Limited ("IFGS"). IFGS currently owes the Company GBP13.7m together with interest, costs and exit premiums. The Company has a first fixed and floating charge over all the assets of IFGS and its subsidiaries. Neither of the subsidiary companies are in liquidation.

The Company is currently assessing its options and the steps it should be taking to protect its position following IFGS' liquidation.

The Company will give a further update to the market in due course.

Enquiries:

 
 Hawkwing plc 
 Keith Sadler Senior Independent Non-Executive 
  Director                                        +44 (0)20 4582 3500 
 
 Gracechurch Group 
 Harry Chathli, Alexis Gore                       +44 (0)20 4582 3500 
 

About Hawkwing plc

For more information, please refer to the Company's website: www.hawkwing.co

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END

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(END) Dow Jones Newswires

October 26, 2022 12:26 ET (16:26 GMT)

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