Studio Retail Group PLC Appointment of Administrators (7537C)
24 2월 2022 - 11:20PM
UK Regulatory
TIDMSTU
RNS Number : 7537C
Studio Retail Group PLC
24 February 2022
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION
24 February 2022
Studio Retail Group plc (in administration)
(the "Company")
APPOINTMENT OF ADMINISTRATORS
Further to the Company's announcement on 14 February 2022 of its
Directors' intention to appoint administrators, and subsequent
board approval, the Company announces the appointment of Daniel
Francis Butters and Daniel James Mark Smith of Teneo Financial
Advisory Limited as joint administrators (the "Administrators") of
the Company (the "Administration").
The Administrators are currently in advanced discussions in
relation to an accelerated M&A process for the business and
assets of the Company, including in relation to the Company's main
operating company, Studio Retail Limited. For the avoidance of
doubt, Studio Retail Limited is not in administration. A further
update will be provided in due course.
At the request of the Company and in accordance with the
Company's announcement on 14 February 2022, with effect from 7.30
a.m. on 14 February 2022 the Financial Conduct Authority
temporarily suspended the listing of the Company's ordinary shares
on the premium segment of the Official List and the London Stock
Exchange suspended the trading of the Company's ordinary shares on
the main market for listed securities maintained by the London
Stock Exchange.
In light of the Administration, the Administrators have applied
for the cancellation of the listing of the Company's shares on the
premium segment of the Official List and cancellation of the
trading of the Company's shares on the main market for listed
securities maintained by the London Stock Exchange, which are both
expected to take place at 8:00 a.m. on 25 February 2022.
Enquiries:
Ben Foster
Teneo
Senior Managing Director
+44 7776 240806
Publication on Website
A copy of this announcement will be made available on the
Company's website https://www.studioretail.group/. For the
avoidance of doubt, the contents of this website are not
incorporated and do not form part of this announcement.
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END
MSCEALALAFPAEFA
(END) Dow Jones Newswires
February 24, 2022 09:20 ET (14:20 GMT)
Studio Retail (LSE:STU)
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Studio Retail (LSE:STU)
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부터 2월(2) 2024 으로 2월(2) 2025
