TIDMWSPR

RNS Number : 2092A

Worldspreads Group PLC

27 March 2012

WorldSpreads Group plc

("WorldSpreads" or the "Company")

ESM Adviser Resignation

WorldSpreads announces that Bloxham Stockbrokers resigned as its ESM adviser and Irish broker to the Company on 16 March 2012.

Pursuant to ESM Rule 1, if a replacement ESM Adviser is not appointed within one month of this date, the Irish Stock Exchange may cancel the admission of the Company's securities.

Following the appointment of a receiver to the Company by the Company's secured lender it is not anticipated that there will be any return to the Company's shareholders.

27 March, 2012

WorldSpreads Group plc

Lindsay McNeile, Executive Chairman

Dominic Bacon, General Counsel

+44 (0)20 7398 5100

BDO LLP

Jim Hamilton, Receiver appointed to Worldspreads Group plc

+353 (0) 1 470 0000

This announcement has been issued through the Companies Announcement Service of

The Irish Stock Exchange.

This information is provided by RNS

The company news service from the London Stock Exchange

END

ISEUBANRUNAOUAR

Worldspd (LSE:WSPR)
Historical Stock Chart
From May 2024 to Jun 2024 Click Here for more Worldspd Charts.
Worldspd (LSE:WSPR)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more Worldspd Charts.