Disposal (9213I)
June 22 2011 - 9:05AM
UK Regulatory
TIDMPCL
RNS Number : 9213I
Pinnacle Staffing Group PLC
22 June 2011
Pinnacle Staffing Group plc ('the Company')
22 June 2011
DISPOSAL
Pinnacle Staffing Group plc announces that it has been advised
by Beever & Struthers, the Administrator to the Company's
subsidiary, PHC Luton Limited, that PHC Luton's 75% shareholdings
in Medic International Limited and Holt Doctors Limited have been
sold on to Peter Gregory and Tracy Ward for a cash sum of GBP17k on
9 June 2011.
Following the resignation of the Company's nominated adviser on
9 June 2011, unless a replacement nominated adviser is engaged, the
admission of the Company's shares to AIM will be cancelled with
effect from 7.00am on 11 July 2011.
The Board is exploring opportunities to re-admit the Company to
AIM as a shell company, following an agreement of a major creditor
to a debt for equity swap, which would give them 30,880,777 shares
for cancellation of current and future due sums, subject to
increasing share capital and shareholder approval. Discussions are
taking place with other creditors.
For further information please contact::
Pinnacle Staffing Group
plc:
Peter Gregory, Chief Executive Tel: 0845 508 6074
This information is provided by RNS
The company news service from the London Stock Exchange
END
DISPGUCUQUPGGWP
Pinnacle Staffing (LSE:PCL)
Historical Stock Chart
From Dec 2024 to Jan 2025
Pinnacle Staffing (LSE:PCL)
Historical Stock Chart
From Jan 2024 to Jan 2025
