Joules Group plc Appointment of Administrators (6719G)
17 November 2022 - 2:56AM
UK Regulatory
TIDMJOUL
RNS Number : 6719G
Joules Group plc
16 November 2022
This announcement contains inside information within the meaning
of the Market Abuse Regulation.
Joules Group Plc
("Joules", the "Group", the "Company")
Appointment of Administrators
On 14 November 2022, the Board of Joules r esolved to file a
notice of intention to appoint Will Wright, Ryan Grant and Chris
Pole of Interpath Limited as administrators to the Company and
Joules Limited, and Will Wright and Ryan Grant to The Garden
Trading Company Limited and Joules Developments Limited.
Further to this, Joules have now appointed Will Wright, Ryan
Grant and Chris Pole of Interpath Limited as administrators to the
Company and Joules Limited, and Will Wright and Ryan Grant to The
Garden Trading Company Limited and Joules Developments Limited.
The Company's shares were suspended from trading on the AIM on 7
November 2022. The Board currently expects that, in due course, the
listing of the Company's ordinary shares will be cancelled, any
residual value will be distributed to the Company's shareholders
and the Company will be wound up.
Further announcements will be made in due course.
Further information is available here:
http://JoulesGroupPlc.ia-insolv.com
The Company Shareholders can contact the administration team on
JoulesShareholders@interpathadvisory.com
Enquiries:
Joules Group plc Tel: +44 (0) 1858
435 255
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Jonathon Brown, CEO
Caroline York, CFO
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Hudson Sandler (Financial PR) Tel: +44 (0) 20
7796 4133
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Alex Brennan
Lucy Wollam
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Interpath Limited (Administrators of Joules) Tel: +44 (0) 20
3989 2800
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Will Wright
Ryan Grant
Chris Pole
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Peel Hunt LLP (NOMAD and Joint Broker) Tel: +44 (0) 20
7418 8900
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George Sellar
Andrew Clark
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Liberum Capital Limited (Joint Broker) Tel: +44 (0) 20
3100 2000
------------------
John Fishley
Edward Thomas
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This announcement contains inside information within the meaning
of the Market Abuse Regulation. The person responsible for
arranging release of this announcement on behalf of Joules is
Caroline York, Chief Financial Officer.
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END
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