LZYE Group PLC Reply from Creditors (2412I)
28 May 2014 - 9:52PM
UK Regulatory
TIDMLZYE
RNS Number : 2412I
LZYE Group PLC
28 May 2014
28 May 2014
LZYE Group Plc
("LZYE" or the "Company")
Proposal to Creditors
LZYE Group Plc (AIM: LZYE), the AIM listed company announces the
result of proposals put to creditors. On 19 May 2014, the Company
announced that it had sent a letter to creditors asking them to
accept an 80% discount on balances due from the Company to
them.
The Company now announces that creditors representing 73.9% by
value have accepted the proposal.
The Company will make further announcements as and when
appropriate.
For further information:
LZYE Group Plc
Tel: 00852 2234 6677
Michelle Lai, Chief Executive
This information is provided by RNS
The company news service from the London Stock Exchange
END
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