Appointment of Administrators

RNS Number:5342Q
Carter & Carter Group PLC
20 March 2008


Immediate Release                                                  20 March 2008


                 Carter & Carter Group plc (in administration)
                      ("Carter & Carter" or the "Company")

                      Appointment of joint administrators
                            Cancellation of listing


The Company previously announced, on 10 March 2008, that it had instructed its
lawyers to file a notice of intention to appoint administrators over the
Company.

On 11 March 2008, the directors of the Company appointed as joint administrators
of the Company, pursuant to paragraph 22 of Schedule B1 to the Insolvency Act
1986, Nicholas James Dargan, Dominic Lee Zoong Wong and Christopher James
Farrington, all of Deloitte & Touche LLP (the "Joint Administrators").
Administrators have also been appointed to a number of the Company's subsidiary
companies.

A request has been made to the UK Listing Authority that the listing of the
Company's ordinary shares on the Official List of the UK Listing Authority and
the admission of its ordinary shares to trading on the main market for listed
securities of the London Stock Exchange plc be cancelled. These cancellations
are expected to take effect at 8.00 a.m. on Tuesday, 25 March 2008.

The Joint Administrators are working with the Company's management team, the
Learning and Skills Council, the Department for Work and Pensions and other
interested parties to secure the ongoing survival of the Group's businesses.
However, the Joint Administrators do not expect that any value will be returned
to the Company's shareholders out of the administration.

The affairs, business and property of the Company are currently managed by the
Joint Administrators. The Joint Administrators act as agents of the Company and
without personal liability.



                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
MSCGUUBGWUPRPPB

Carter & Carter (LSE:CART)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024