Statement re. Suspension (5596H)
May 31 2011 - 8:00AM
UK Regulatory
TIDMEFD
RNS Number : 5596H
Eatonfield Group plc
31 May 2011
31 May 2011
Eatonfield Group plc
("Eatonfield" or "the Group")
Suspension of Shares
The board of Eatonfield announces that following the termination
of negotiations to sell the Welsh sites (as notified on 24 May
2011), the Group continues in discussions with its senior lenders
with a view to establishing whether there is a viable way forward
for the business. As these discussions will extend beyond the end
of May 2011, representing the date by which Eatonfield's working
capital funding becomes fully depleted, the Group has requested
that trading in its shares on AIM be suspended with immediate
effect pending clarification of the Group's financial position.
For further information please contact:
Eatonfield Group plc Tel: +44 (0)1829 261 910
Brian Corfe (Executive Chairman)
Rob Lloyd (Group Chief Executive)
Duncan Syers (Group Finance Director)
Evolution Securities Limited Tel: +44 (0)113 243 1619
Joanne Lake/Peter Steel
Optiva Securities Limited Tel: +44 (0)203 137 1904
Jeremy King
Threadneedle Communications Tel: +44 (0)207 653 9850
Graham Herring/John Coles
End
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