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Abbeycrest (ACR)

Sector:

Personal Goods

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 1.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 1.50
  • 52 Week Low: 1.50
  • Currency: UK Pounds
  • Shares Issued: 74.14m
  • Volume: 0
  • Market Cap: £1.11m
  • RiskGrade: 303

Update on Administrator appointment & asset sale

RNS Number : 0669X
Abbeycrest PLC
08 February 2012
 



Abbeycrest plc

("Abbeycrest" or "the Group")

Update on appointment of Administrators and sale of assets

Following the previously notified appointment of John Malcolm Titley and Andrew Poxon of Leonard Curtis as Joint Administrators to Abbeycrest, the board understands that the Joint Administrators have sold the business and business assets of Brown & Newirth Limited to Chrysus Trading Limited and sold the shares of Abbeycrest Thailand Limited to Chrysus Holdco Limited.

 

At this stage, it is not anticipated that there will be a return to shareholders, however shareholders will be kept informed as appropriate.

For further information, please contact:

Abbeycrest plc

Tel: 01707 255 000

Simon Ashton, Executive Chairman

 

http://www.abbeycrest.co.uk

Leonard Curtis

 

Tel: 0161 767 1250

John Malcolm Titley / Andrew Poxon

1 North Parade

Parsonage Gardens

Manchester

M3 2NH

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

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