Galleon Holdings PLC Appointment of Administrator (5482I)

TIDMGON

RNS Number : 5482I

Galleon Holdings PLC

03 July 2013

3 July 2013

Galleon Holdings plc

("Galleon" or the "Company")

Appointment of Administrator

Notice of Intention to Appoint Administrator

The Board announces that it has appointed Craig J. Povey and Kevin A. Murphy of Chantrey Vellacott DFK as administrators of the Company with immediate effect.

The Board also announces that it has today filed a notice of intention to appoint Craig J. Povey and Kevin A. Murphy of Chantrey Vellacott DFK as administrators of Croco Worldwide Limited, a wholly owned subsidiary of the Company.

The suspension to trading in the Company's shares, as announced on 22 March 2013, remains effective.

Further announcements will be made in due course.

Enquiries:

 
 Galleon Holdings plc 
  Hayden Eastwood, Chief Financial 
  Officer                              +44 20 8987 0011 
 Nominated Adviser 
  Cairn Financial Advisers LLP 
  James Caithie / Avi Robinson         +44 20 7148 7900

This information is provided by RNS

The company news service from the London Stock Exchange

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