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'A further announcement of the recommendations, which will be subject to subsequent Court approval, will be made as soon as practicable.' Makes me think the company will be restructured and changes made to keep them going
Didnt see suspension coming but not necessarily bad!
TEN BAG MAN 27 Feb'15 - 11:48 - 2563 of 2564 1 0 Points to good news or they would just say bust.
Hightex Group PLC Statement re. Suspension Print Alert TIDMHTIG RNS Number : 0953G Hightex Group PLC 27 February 2015 27 February 2015 Hightex Group plc ("Hightex" or the "Company") Update on German Court process The Board of Hightex Group plc requests a temporary suspension of trading pending a further announcement which it will make as soon as practicable. Further to the announcements of 19 November and 17 December 2014, concerning the 'Eigenverwaltung' process sanctioned by the German Court to restructure the main operating subsidiary, Hightex GmbH, the Directors are expecting today to receive the recommendations to the Court from the Chief Restructuring Officer on behalf of the creditors' committee concerning the resolution of the restructuring process. As previously described, the Eigenverwartung procedure is a German legal process similar to Chapter 11 in the United States. The objective is the reorganisation and continuation of the subsidiary. A further announcement of the recommendations, which will be subject to subsequent Court approval, will be made as soon as practicable. For further information contact:
Good i hope......
update soon then eh!
acoming?
AIM Suspension - Hightex Group Plc Print Alert TIDMHTIG RNS Number : 0948G AIM 27 February 2015 NOTICE 27/02/2015 11:45am TEMPORARY SUSPENSION OF TRADING ON AIM HIGHTEX GROUP PLC At the request of the Company trading on AIM for the under-mentioned securities has been temporarily suspended from 27/02/2015 11:45am, pending an announcement. Ordinary shares of 1p each, fully paid (B19PH23) (GB00B19PH233) If you have any queries relating to the above, please contact the company's nominated adviser on 020 7060 2220.
You assume a lot!! As for no big shareholders selling(so news must be good) tge biggest shareholder hokds £31K!,Director only hokds 7 million shares,last purchase 2012,Keep up the ramping ,ASSETS of Htig?(when you can!)
I am pretty sure that was Advance 123 as well. He just comes out with utter sh**e all the time.
How childish are you?just answer the questions, Assets worth what,what do Htig do if Htig(gmbh) goes bust?
pumpky buy one set of monopoly online and play with your kids!!you will learn more!! or are you still drunk??
What other subsiduary will they use?your ramping of this and Ser seems not to be working!
pumpky,why are you so much confused? and don't seem to be understanding things?? my friend practise playing monopoly with kids little bit,not on aim!! lol.
But this is The Principal Operating company of Htig plc
Yep youre right, we will still get a hefty drop in SP but we all know that and have decided to take the risk, fortune favours the brave...or so i hope! lol
yes,but a bad news will only liquidate our subsidiary hightex gmbh,in that case I think we can carry on with some other subsidiary?? we got group of seven companies!!
I wouldnt say we are safe maq, good news or bad news can come anytime
guys its 11 now and no news means we are safe!!good news will arrive anytime,later on today or Monday!! this afternoon will be very interesting!!
You need to do your own research after a comment. Leave advance alone. Like school bullies.
Just for the record that poster was arch ramper Advance123
There was a poster on GWIN yesterday saying his broker told him a Nomad would be appointed after 12pm... this morning the share was suspended on AIM... there's a very fine line on giving your opinion and telling a fib... and the last thing you need is to be reported... I know from experience! (after arguing with a poster) LSE really have their hands full monitoring all the threads and it is up to us - only on occasion - to inform admin if we are not happy with any post or poster... 99% of us on HTIG want news... GOOD news...let's hope it is soon gl
guys just beware of people,who want you to sell and they can get in at 0.10p!!
All you do it spout rubbish and ramp with no actual evidence or research. Let's just wait and see what happens
I wish to thank him.