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Trading and funding update

3 May 2013 16:07

RNS Number : 0228E
2 ergo Group plc
03 May 2013
 



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

 

 

 

 

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