TIDMDESC

RNS Number : 7171A

Designcapital PLC

03 April 2012

 
For immediate release  3 April 2012 
 

designcapital plc (AIM: DESC)

("designcapital" or "the Company")

Disputed Charges

The directors of the Company note that that Strand Hanson Ltd has issued a petition for the winding up of the Company in respect of disputed fees of GBP60,471.14 which it claims are payable in respect of its former mandate as adviser to the Company. The Company repudiates this claim and intends to defend the action.

- ENDS -

Enquiries:

Contact:

 
designcapital plc 
Frederic Bobo - Executive Chairman  Tel: +44 (0) 20 7554 8555 
Mike Hosie - Chief Financial        www.designcapitalplc.com 
 Officer 
 
Libertas Capital Corporate Finance 
 Ltd 
Tim Cofman                          Tel: +44 (0) 20 7569 9685 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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