Fthr re Suspension of Trading
25 1월 2007 - 1:36AM
UK Regulatory
RNS Number:0939Q
AeroBox plc
24 January 2007
AeroBox plc ("ARX" or the "Company")
Further re. Suspension of Trading
Following the announcement on 15 September 2006, the Directors of ARX have been
advised that the Company's main operating subsidiary, AeroBox Composite
Structures, LLC ("ACS") yesterday petitioned for the protection of creditors
under Chapter 11 of the United States Bankruptcy Code. Under the terms of the
petition ACS is being funded by its previously secured lender Laurus Master
Fund.
In view of this event the prospects of any returns for shareholders of ARX are
likely to be minimal.
The Board of ARX continues to examine options for ARX and will make further
announcements when appropriate.
- ends -
Enquiries:
Ray Gibbs, Group Managing Director, AeroBox plc +44 20 7929 5599
Trevor Phillips, Holborn PR +44 20 7929 5599
Jeremy Porter, Seymour Pierce +44 20 7107 8000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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