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  2. Share Prices
  3. Reabold Resources Share Price
  4. Reabold Resources Share Regulatory News
  5. Further Update on sale of Technology division

Pin to quick picksReabold Resources Regulatory News (RBD)

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Further Update on sale of Technology division

19 Jun 2012 10:43

RNS Number : 6666F
Adventis Group PLC
19 June 2012
 



19th June 2012

 

ADVENTIS Group Plc ("ATG.L")

("Adventis" or the "Company")

 

Further Update on sale of Technology division

 

Further to its announcement on 13th June 2012, Adventis announces that it has been informed by its bank, Lloyds TSB Bank plc, ("LBG"), that LBG has today concluded a sale of the Company's bank debt, together with assignment by LBG of its security rights under the terms of the bank debt to RCapital Partners LLP ("RCapital"). RCapital is a specialist private investment business providing growth and turnaround funding for UK and European businesses.

 

The directors are in discussions with RCapital to clarify their intentions for the Company and a further announcement will be made to shareholders as soon as practicable.

 

 

 

 

Enquiries:

 

Adventis Group plc Tel: 01494 731600

Nick Winks, Chairman

Andy Pearson, Finance Director

 

Westhouse Securities Limited Tel: 020 7601 6100

Tom Griffiths

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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