TIDMZATT

RNS Number : 5333R

Zattikka PLC

28 October 2013

 
 For immediate release   28 October 2013 
 

ZATTIKKA PLC

('Zattikka' or the 'Company')

Further to the announcement on 2 October 2013, the Joint Administrators confirm that it will not be possible to achieve an exit from administration via a Company Voluntary Arrangement. As a result, the Joint Administrators intend to exit the administration via a Creditors' Voluntary Liquidation.

The Joint Administrators further confirm the resignation of the Company's nominated adviser, Canaccord Genuity Limited, with immediate effect. If, within one month of today's date, the Company has failed to appoint a replacement nominated adviser, the admission of its AIM securities will be cancelled. The Joint Administrators do not intend to appoint a replacement nominated adviser.

For further information, please contact:

 
Zattikka 
                                       +44 (0) 20 7383 
David Dunckley (Joint Administrator)    5100 
                                       +44 (0) 20 7383 
Ian Corfield (Joint Administrator)      5100 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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