OUT Outsourcery

TIDMOUT

RNS Number : 4635B

Outsourcery PLC

16 June 2016

16 June 2016

OUTSOURCERY PLC

Outsourcery Group Limited, Outsourcery Holdings Limited, Outsourcery Hosting Limited (all in Administration) ('the Companies')

Appointment of Administrators for Sale Process

London - 16 June 2016 - On 16 June 2016, Sam Woodward and Simon Edel of Ernst & Young LLP were appointed as Joint Administrators of Outsourcery Plc (AIM: OUT, 'Outsourcery' or 'the Company') and 3 subsidiary companies pursuant to Paragraph 22 of Schedule B1 to the Insolvency Act 1986.

The administration appointments were made by the Board of Outsourcery following the previously announced proposed agreement to sell substantially the entire business and assets of the Companies to GCI Network Solutions Limited.

ENDS

For further information please contact:

 
 
   EY 
   Alex Williams      +44 (0) 161 333 2807 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCUNUVRNKANAAR

(END) Dow Jones Newswires

June 16, 2016 11:38 ET (15:38 GMT)

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