Shares suspended, talks ended
July 14 2005 - 12:02PM
UK Regulatory
RNS Number:9075O
Eurodis Electron PLC
14 July 2005
For immediate release
Eurodis Electron PLC
Offer talks terminated, financial position, suspension of shares.
Offer talks terminated
Eurodis Electron PLC (the "Company") announces today that the merger talks
referred to in the statement of 20 June 2005 have ceased because the potential
acquirer has decided not to proceed.
Financial position
Our lead finance provider has decided to reduce facilities to a level that the
Board believes makes the ongoing business unsustainable.
Suspension of shares
The Board has requested the suspension of the Company's shares with immediate
effect.
The Board are reviewing their options and a further update will be made in due
course.
Enquiries:
Financial Dynamics 020 7269 7157
Billy Clegg
This information is provided by RNS
The company news service from the London Stock Exchange
END
SUSEAXXLFEFSEFE
Eurodis Elect. (LSE:ELH)
Historical Stock Chart
From May 2024 to Jun 2024
Eurodis Elect. (LSE:ELH)
Historical Stock Chart
From Jun 2023 to Jun 2024
Real-Time news about Eurodis Elect. (London Stock Exchange): 0 recent articles
More Eurodis Electron Plc News Articles