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Pin to quick picksWorthington Grp Share News (WRN)

  • This share is currently suspended. It was suspended at a price of 88.00

Share Price Information for Worthington Grp (WRN)

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Share Price: 88.00
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Change: 0.00 (0.00%)
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Prev. Close: 88.00
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Worthington Group Gets Sixth Extension For Nuna Minerals Talks

Fri, 13th Nov 2015 10:46

LONDON (Alliance News) - Worthington Group PLC Friday said that the takeover deadline for its talks with Nuna Minerals AS has been extended yet again, for a sixth time, to December 11.

Nuna Minerals is in talks to obtain so-called 'rescue' refinancing from Greenland Mining Management Ltd with a view to then subsequently making an offer for Worthington.

Worthington said that progress is continuing to be made in terms of the proposed refinancing of Nuna, and a general meeting of Nuna is expected to be called to put the refinancing proposals to shareholders.

Worthington shares remain suspended.

By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews

Copyright 2015 Alliance News Limited. All Rights Reserved.

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