Application to appoint administrators
20 October 2009 - 11:37PM
UK Regulatory
TIDMHYWD
RNS Number : 0940B
Heywood Williams Group PLC
20 October 2009
HEYWOOD WILLIAMS
20 October 2009
Heywood Williams Group PLC - Application to appoint administrators
Following the announcement earlier today regarding the shareholders' decision to
reject the Proposed Restructuring and other Proposals as set out in the circular
sent to shareholders on 1 October 2009, the Board confirms that, having
completed a detailed review of the options available to it, it has now
concluded, with regret, that it is necessary for the Company to apply to Court
for an administration to safeguard the operations of the Company.
Consequently, the Board has today made an application to Court to request it to
appoint administrators over the Company. In addition, the Company has requested
a suspension of listing of its ordinary shares from the Official List by the
Financial Services Authority.
+-------------+-------------------------------+-------------------------------+
| Contacts: | |
+-------------+---------------------------------------------------------------+
| | Heywood Williams | Tel: 01422 328860 |
+-------------+-------------------------------+-------------------------------+
| | Robert Barr / Mike Richards | |
+-------------+-------------------------------+-------------------------------+
| | Rothschild | Tel: 020 7280 5000 |
+-------------+-------------------------------+-------------------------------+
| | Ed Welsh / Chris Alonso | |
+-------------+-------------------------------+-------------------------------+
| | Deloitte | Tel: 020 7303 5037 |
+-------------+-------------------------------+-------------------------------+
| | Jamie Harley | |
+-------------+-------------------------------+-------------------------------+
| | Financial Dynamics | Tel: 020 7831 3113 |
+-------------+-------------------------------+-------------------------------+
| | Jon Simmons / Sophie Moate | |
+-------------+-------------------------------+-------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCFGMZGZGKGLZM
Heywood Williams (LSE:HYWD)
Historical Stock Chart
From May 2024 to Jun 2024
Heywood Williams (LSE:HYWD)
Historical Stock Chart
From Jun 2023 to Jun 2024
Real-Time news about Heywood Wms. (London Stock Exchange): 0 recent articles
More Heywood Williams News Articles