Betbrokers plc placed into Administration
03 September 2008 - 4:00PM
UK Regulatory
RNS Number : 5965C
Betbrokers PLC
03 September 2008
Betbrokers plc
("Betbrokers" or "the Company")
Betbrokers plc placed into Administration
Betbrokers plc, (AIM: BETB), announces that Betbrokers PLC , was placed into administration yesterday.
Until the administration of Betbrokers Limited is completed and/or the Company is able to effect a sale of Winning Edge, it is not
possible for this subsidiary to repay a loan to Betbrokers PLC. Therefore, with regret, the Directors of Betbrokers PLC were left no other
choice but to put the Company into Administration.
- Ends -
For further information, please contact:
Betbrokers plc
Wayne Lochner, Chairman and Chief Executive Tel: +44 (0) 20 7127 9815
www.betbrokers.com
Media enquiries:
Abchurch Communications
Chris Lane Tel: +44 (0) 20 7398 7700
www.abchurch-group.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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