Update
December 21 2007 - 8:23AM
UK Regulatory
RNS Number:5361K
Carter & Carter Group PLC
21 December 2007
For Immediate Release 21 December 2007
Carter & Carter Group plc
("Carter & Carter" or "the Group")
Update
The Company continues to be in active discussions with its lenders and key
stakeholders for the restructuring of the business. At this time the Company can
confirm that significant progress has been made and that it is hoped that
agreement and implementation of a restructuring proposal can be achieved early
in the New Year. A restructuring would seek to ensure the financial stability of
the business and the continued high level of service to its customers. The
Learning and Skills Council (LSC) has been involved in the discussions to date.
Further details on the progress of the restructuring will be made in the New
Year.
Enquires 0115 945 7200
Carter and Carter Group
Rodney Westhead
John Ensall
Rothchilds 0113 200 1900
David Forbes
Andrew Merrett
This information is provided by RNS
The company news service from the London Stock Exchange
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