7 Nov 2023 11:26
FOR IMMEDIATE RELEASE
7 November 2023
Actual Experience plc
(the "Company" or "Actual")
Appointment of Administrators
The Company announced at 07:00 a.m. this morning that the board of directors (the "Board") of Actual Experience resolved to file a notice to appoint administrators to the Company. Further to this, Actual have now appointed Jonathan Dunn and Andrew Sheridan of FRP Advisory Trading Limited as joint administrators to the Company.
The Company's ordinary shares of 0.2 pence each (the "Ordinary Shares") were suspended from trading on AIM with effect from 07.30 a.m. this morning. The Board currently expects that, in due course, the listing of the Ordinary Shares will be cancelled. Should any residual value transpire from the administration process, then this will be distributed to the Company's shareholders and the Company will be wound up.
Further announcements will be made in due course.
The Company's shareholders can contact the administrator team on: bristol@frpadvisory.com
Enquiries:
Actual Experience plc Iain McCready, CEO Steve Bennetts, CFO | Tel: +44 (0)207 129 1474 |
FRP Advisory Trading Limited Jonathan Dunn Andrew Sheridan | bristol@frpadvisory.com |