DIP Dipford Grp

    RNS Number : 8143Z
  Dipford Group PLC
  24 July 2008
   

    Dipford Group Plc

    Further to the announcement of 2 July 2008 of the appointment of Joint Administrators to Dipford Group Plc ("Dipford" or "the Company")
on 30 June 2008, the Joint Administrators of Dipford have confirmed they have sold the Company's business and assets as a going concern to
BBTA Limited with effect from 10.30am on 11 July 2008.

    None of the former directors are involved in or are in any way connected with the sale.

    No further information is currently available as to whether there will be sufficient funds available to enable a distribution to be made
to unsecured non-preferential creditors and shareholders.

    A further announcement will be made following the report from the Joint Administrators which is required to be prepared and sent to
creditors by 25 August 2008, that is within eight weeks of the date of their appointment.


    For further information, please contact David Osborne,
    MCR Corporate Restructuring,
    11 St James Square 
    Manchester M2 6DN 

    Tel: 0161 827 9000

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