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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Infinity Eng. | LSE:INFT | London | Ordinary Share | LU0726886947 | ORD NPV |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.14 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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RNS Number : 1528U
Global Brands S.A.
19 June 2009
19 June 2009
Global Brands S.A. (the "Company")
Restoration of dealings on AIM
The Directors are pleased to announce that, following the completion of their
investigations into the day to day management of the Company's affairs by Mr
Yair Hasson, formerly Executive Chairman, and Mr Amir Hasson, formerly Chief
Executive Officer, which culminated in the termination of their engagements
under their respective Appointment Agreements , dealings in the ordinary shares
of the Company have been restored with immediate effect.
Mr Yair Hasson's engagement with the Company was terminated prior to the
conclusion of their investigations into his day to day management of the
Company. Mr Amir Hasson's engagement was terminated after a disciplinary hearing
on 27 May 2009.
Following the termination of Mr Yair and Amir Hasson's engagement, the Directors
are currently reviewing the existing management structure of the Company and
considering further appointments, which will be announced in due course.
For further information contact:
+----------------------------------------------+----------------------------------------+
| Global Brands S.A. | |
+----------------------------------------------+----------------------------------------+
| Simon Bentley, Senior Non-Executive Director | Tel: (0) 20 7726 7010 |
+----------------------------------------------+----------------------------------------+
| | www.globalbrands.ch |
+----------------------------------------------+----------------------------------------+
| | |
+----------------------------------------------+----------------------------------------+
| ZAI Corporate Finance Ltd | |
+----------------------------------------------+----------------------------------------+
| Thilo Hoffman | Tel: (0) 20 7060 1760 |
+----------------------------------------------+----------------------------------------+
| Charity Walmsley | Tel: (0) 20 7060 1760 |
+----------------------------------------------+----------------------------------------+
| | www.zimmint.com |
+----------------------------------------------+----------------------------------------+
| Alexander David Securiries Ltd | |
+----------------------------------------------+----------------------------------------+
| David Scott | Tel: (0) 20 7448 9830 |
+----------------------------------------------+----------------------------------------+
Dated: 19 June 2009
This information is provided by RNS
The company news service from the London Stock Exchange
END
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