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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Shaft Sink | LSE:SHFT | London | Ordinary Share | IM00B690ZP24 | 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% | 0.625 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMSHFT
RNS Number : 8185I
Shaft Sinkers Holdings Plc
30 March 2015
SHAFT SINKERS HOLDINGS PLC ('Shaft Sinkers' or the 'Company')
Update re Hillside Loan
The Board of Shaft Sinkers announces that further to the Company's announcement on 20 March 2015, the Company has been unable to repay Hillside International Holdings Limited's GBP5M loan and accrued interest.
Hillside has as a result exercised its security over the shares of Shaft Sinkers Management Co. Limited and Shaft Sinkers Belgium, leaving the Company with no assets of any real value.
In the circumstances, the Board will take steps to wind the Company up as soon as practicable. Further announcements will be made in due course.
For further information:
Marius Heyns: +27(0)11 445 4300
This information is provided by RNS
The company news service from the London Stock Exchange
END
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