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Update on Refinancing Negotiations

1 Sep 2009 07:00

RNS Number : 2697Y
White Young Green PLC
01 September 2009
 



For immediate release

1 September 2009

White Young Green plc

Update on refinancing negotiations

White Young Green plc ("White Young Green" or the "Group") today provides a further update on its refinancing negotiations.

The test date for White Young Green's financial covenants has been deferred to 30 September 2009 whilst discussions continue with the Group's lenders. The Board expects that a further deferral of the covenant test date will be requested.  

In addition, the Board expects to announce the Group's final results for the year ended 30 June 2009 during the second half of October.

A further announcement will be made in due course as appropriate.

Enquiries:

White Young Green

0113 278 7111

Paul Hamer, Chief Executive Officer

David Wilton, Group Finance Director

Buchanan Communications

020 7466 5000

Tim Anderson

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