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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Redhall Group Plc | LSE:RHL | London | Ordinary Share | GB0001112035 | ORD 0.01P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.60 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMRHL
RNS Number : 3233A
Redhall Group PLC
28 May 2019
The information communicated in this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
For immediate release 28 May 2019
Redhall Group plc
("Redhall" or the "Company")
Intention to appoint administrators
Further to the announcement on 24 May 2018, and following discussions with its advisors and lending bank, the Board has resolved to file notice of intention to appoint administrators to the Company. Unless circumstances change, and in accordance with statutory requirements, the Board intends to appoint administrators within 10 business days.
The Directors intend to allow the business to continue to trade and the Company is working alongside advisers in order to preserve as much value as possible for all stakeholders as it explores the opportunity for the sale of all or parts of the business.
The shares of Redhall Group plc remain suspended pending further notice.
Further announcements will be made as appropriate.
Contact details:
Redhall Group plc Tel: +44 (0) 1924 385 386 Joe Oatley, Chairman Buchanan, PR Adviser Tel: +44 (0) 20 7466 5000 Mark Court, Sophie Wills, Hannah Ratcliff GCA Altium, Nominated Adviser Tel: +44 (0) 20 7484 4040 Tim Richardson WH Ireland, Broker Tel: +44 (0) 20 7220 1666 Adrian Hadden, Jessica Cave
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
FURSEISUAFUSEFI
(END) Dow Jones Newswires
May 28, 2019 05:20 ET (09:20 GMT)
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