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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 |
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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