Temporary Suspension (9258E)
14 4월 2011 - 8:30PM
UK Regulatory
TIDMREAL
RNS Number : 9258E
Real Office Group PLC
14 April 2011
Real Office Group plc (the "Company")
Further trading update
Suspension of shares
Real Office Group plc announces that, at the request of the
Company, trading of its shares on AIM has been temporarily
suspended from 12.30 on 14 April 2011 pending clarification of its
financial position.
On 25 March 2011 the Board announced that it was reviewing a
number of funding and strategic options arising from a requirement
to raise additional working capital to meet costs over the next few
months. The Board has been and continues to explore options to
provide new sources of ongoing funding or other strategic solutions
although to date, no solution has been identified.
The funding shortfall is such that without a resolution, the
ongoing viability of the Company is uncertain and accordingly, the
Board has today requested that its shares be suspended from trading
on AIM.
The Board will continue to keep shareholders informed.
Enquiries
Real Office Group plc
Roger Smee
Chairman
Tel: 020 7822 1175
Nominated Adviser
Cairn Financial Advisers LLP
Tony Rawlinson
Tel: 020 7148 7901
This information is provided by RNS
The company news service from the London Stock Exchange
END
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