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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Relax Grp | LSE:RLX | London | Ordinary Share | GB00B14TH533 | ORD 10P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 11.00 | 0.00 | 00:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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TIDMRLX
RNS Number : 3183A
Relax Group PLC
06 October 2009
Relax Group PLC
?6 October 2009
Relax Group plc ("Relax Group" or the "Group")
Suspension of Shares
As previously notified, the Group has been seeking further equity funding and
has been negotiating with its lenders, however a resolution has yet to be
reached. Although the Group is still in negotiations with its lenders, the
Group's working capital and cash position remains under significant pressure and
therefore the Board has requested that trading in its ordinary shares be
suspended with immediate effect, pending the clarification of the financial
position of the Company.
Enquiries:
+------------------------------------+------------------------------------+
| Ken Gaskell/Bernard Asher | 020 7898 0512 |
+------------------------------------+------------------------------------+
| Relax Group plc | |
+------------------------------------+------------------------------------+
| | |
+------------------------------------+------------------------------------+
| Stephen Keys/Beth McKiernan | 020 7397 8900 |
+------------------------------------+------------------------------------+
| Cenkos Securities plc | |
+------------------------------------+------------------------------------+
.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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