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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Radicle Proj. | LSE:RDP | London | Ordinary Share | GB00B0996108 | ORD 3P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 2.375 | 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 : 8311R
Radicle Projects Plc
31 August 2010
31 August 2010
Radicle Projects plc
("Radicle Projects" or the "Company")
Suspension of Ordinary Shares from trading on AIM
Further to the announcement made on 27 August 2010, the Board of Radicle
Projects announces that Radicle Projects PTY Ltd, the Company's principal
trading subsidiary, has been placed into Voluntary Administration. Stephen J
Parbery, Brett S Lord and Craig D Crosbie of PPB have been appointed as Joint &
Several Administrator of Radicle Projects PTY Ltd.
The Board is continuing to consider the options now available to it, including
the possibility that the Company be placed into administration. As a result, and
in accordance with the AIM Rules, trading in the Company's ordinary shares has
been suspended pending clarification of its financial position.
The Board intends to make a further announcement will be made shortly.
Enquiries:
+-------------------------------------------+----------------+
| Radicle Projects PLC | |
+-------------------------------------------+----------------+
| John McLennan | +61 (0) 3 8611 |
| | 6711 |
+-------------------------------------------+----------------+
| | |
+-------------------------------------------+----------------+
| Charles Stanley Securities | |
+-------------------------------------------+----------------+
| Nominated Adviser | |
+-------------------------------------------+----------------+
| Russell Cook / Carl Holmes | 020 7149 6000 |
+-------------------------------------------+----------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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