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Catalis administration

25 Jun 2010 10:57

RNS Number : 2522O
RTC Group PLC
25 June 2010
 



RTC Group plc (the "Group")

Catalis administration

 

 

RTC Group plc has today put its Training subsidiary Catalis Limited into administration. Although restructuring in 2009 brought the business close to breakeven in the first quarter of 2010, significant revenue shortfalls in the second quarter and the uncertainty over future industry spend on rail training has led to this action being taken. The Group had explored a wide range of options in respect of the Catalis business prior to taking this action.

 

All other Group companies continue to trade as normal.

 

 

25 June 2010

 

 

Enquiries:

 

RTC Group Plc - Tel: 01332 861 835

Bill Douie, Executive Chairman

 

Evolution Securities Limited - Tel: 0207 071 4300

Jeremy Ellis / Chris Clarke

This information is provided by RNS
The company news service from the London Stock Exchange
 
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MSCKELBLBQFEBBE
Date   Source Headline
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30th Apr 20087:01 amRNSIssue of Equity
15th Apr 20087:00 amRNSFinal Results
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14th Sep 20077:00 amRNSInterim Results
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11th May 20079:14 amRNSchange of registered office
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27th Mar 20078:59 amRNSHolding(s) in Company
27th Mar 20078:56 amRNSHolding(s) in Company
27th Mar 20078:52 amRNSHolding(s) in Company
27th Mar 20078:43 amRNSHolding(s) in Company
27th Mar 20078:40 amRNSHolding(s) in Company
20th Dec 20064:23 pmRNSTotal Voting Rights
20th Dec 20064:03 pmRNSAdditional Listing
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27th Jul 20062:33 pmRNSChange of Adviser
13th Apr 20067:00 amRNSFinal Results
2nd Mar 20066:06 pmRNSReview of Options
30th Jan 200611:13 amRNSClive Chapman
19th Dec 200511:40 amRNSBoard Changes
9th Sep 20057:00 amRNSInterim Results
23rd Jun 200511:40 amRNSDirector S'holding - replace
23rd Jun 200511:02 amRNSDirector Shareholding
18th May 20054:11 pmRNSDirector Shareholding
6th May 20053:52 pmRNSAdditional Listing
15th Apr 20057:00 amRNSFinal Results
7th Jan 200510:35 amRNSAdditional Listing

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