3 May 2013 16:07
3 May 2013
2ergo Group plc
(AIM: RGO, "2ergo" or "the Group")
Trading and funding update
Further to the announcement of 22 April 2013 stating the Group was in advanced stages of securing funding, the Board confirms that these funding negotiations continue to be ongoing with different options being considered. However, no further assurance can be given on the future of the Group until it is able to ascertain the quantum and terms of funding available, which it expects to be able to announce by mid May.
The Group continues to make excellent commercial progress and expects to announce further contract wins during the course of the next two weeks.
Enquiries:
2ergo Group plc | +44(0)161 874 4222 |
Neale Graham, CEO | |
Jill Collighan, Finance Director | |
Numis Securities Limited | +44(0)20 7260 1000 |
Stuart Skinner as Nominated Adviser | |
David Poutney as Corporate Broker | |
College Hill | +44(0)20 7457 2020 |
Adrian Duffield/Rozi Morris | |