GM ahead - not good17 May 2017 22:25
'The board have therefore taken the decision to undertake a managed and controlled wind‐down of the group, with a view to ensuring that liabilities are settled and assets are realised whilst cash outlay is reduced, with a view to returning any surplus to shareholders in due time. As part of this process, the board also believe that the Company is likely to de‐list from GEMS, and further announcement will be made with a proposals in this regard, in due course. '