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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Nature Grp | LSE:NGR | London | Ordinary Share | JE00B3B5FZ40 | ORD 0.2P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 3.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From May 2019 to May 2024
TIDMNGR
RNS Number : 0984J
Nature Group PLC
27 March 2018
This announcement contains inside information
Nature Group plc
("Nature Group" or the "Group")
Suspension from Trading
Nature Group plc (AIM:NGR), the provider of port reception facilities and waste treatment solutions for the oil, marine and process industries, provides a further update following the announcements released on 7 and 15 March 2018. On 7 March, the Group confirmed that its overall financial position remained uncertain and that in the event it did not sell its Oil and Gas division before late April it was likely to face serious liquidity constraints. On 15 March, the Group announced it had subsequently received indications of interest from a number of parties in relation to the possible acquisition of certain of the Group's Maritime operations as well as further indications of interest in relation to the possible acquisition of the Group's Oil & Gas operations.
The Board of Nature Group (the "Board") is continuing to progress discussions with several parties and will continue to do so. The Group has, however, recently been notified of a one off, immediate tax liability which, combined with the Group's existing cash flow constraints, would have a significant impact on the Group's liquidity.
Accordingly, the Board has requested that trading of its shares on AIM be suspended from 12.30pm on 27 March 2018 whilst is seeks to clarify its financial position.
Further updates will be issued in due course.
For further information:
Hot Features
Premium
Nature Group PLC
Andreas Drenthen, CEO Tel: + 31 653261484
Berend van Straten, Chairman Tel: + 31 626805605
Cenkos Securities plc
Neil McDonald Tel: +44 (0)131 220 9771 /
+44 (0)207 397 1953
Beth McKiernan Tel: +44 (0)131 220 9778 /
+44 (0)207 397 1950
Pete Lynch Tel: +44 (0)131 220 9772
This information is provided by RNS
The company news service from the London Stock Exchange
END
SRSJRMBTMBBTBAP
(END) Dow Jones Newswires
March 27, 2018 07:30 ET (11:30 GMT)
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