22 May 2013 16:03
22 May 2013
2ergo Group plc
("2ergo" or the "Group")
Funding update
2ergo announced on 3 May 2013 that its funding negotiations were ongoing but that no further assurance could be given on the future of the Group until it was able to ascertain the quantum and terms of funding available.
The Board has not been able to reach a conclusion with one particular fund raising option which was expected to close this week.
The Board has immediately begun pursuing a number of other potential fundraising options and will update the market as soon as possible.
Enquiries:
2ergo Group plc Neale Graham, CEO Jill Collighan, Finance Director | Tel: +44(0)161 874 4222 |
Numis Securities Limited Stuart Skinner as Nominated Adviser David Poutney as Corporate Broker | Tel: +44(0)20 7260 1000 |
College Hill Adrian Duffield/Rozi Morris | Tel: +44(0)20 7457 2020
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