24 Aug 2017 07:00
The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.
Entu (UK) plc
Suspension of Trading on AIM
Entu (UK) plc, (the "Company") confirms that whilst it is continuing advanced discussions with a third party in relation to a proposed refinancing, based on the current discussions and regardless of whether or not an agreement is reached, it is likely that the parent company will be placed into administration with a view to selling its trading businesses. The Board further reports that the current proposals that are being considered attribute no value to the equity in the Company.
Pending resolution of the above and clarification of its financial circumstances, the Company has applied for suspension of trading in the Company's ordinary shares on AIM with effect from 7:30 a.m. today.
The Board will provide a further update shortly.
ENQUIRIES
entu Ian Blackhurst, Chief Executive Officer Neill Skinner, Chief Financial Officer
| 020 7457 2020 |
Zeus Capital Limited (Nomad & Broker) Andrew Jones / Dan Bate John Goold / Dominic King
| 020 3829 5000
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