MWB Business Exchange Plc Further response to statement by MWB Group Holding (1638Q)
2012年11月2日 - 4:00PM
RNSを含む英国規制内ニュース (英語)
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RNS Number : 1638Q
MWB Business Exchange Plc
02 November 2012
MWB Business Exchange Plc ("BX")
Further response to statement by MWB Group Holdings Plc
("Group")
Further to the statement on 31st October 2012 made by its 75%
majority shareholder, Group, suspending trading in Group's shares
and Loan Stock and the subsequent statement by BX deferring
publication of its annual results, the Board of BX confirms that BX
has proposed the offset of contractual payments of GBP4.8m due by
BX between September 2012 and February 2013 against an outstanding
intercompany loan balance of approximately GBP8.0m due by Group to
BX.
Discussions between BX and Group as to the nature of the
intercompany loan balance and BX's entitlement to either seek
repayment of the loan balance or to offset that balance against the
contractual payments referred to above are ongoing and no
conclusions have yet been reached. The BX Board's current intention
is that it will not release its financial results for the financial
year ended 30 June 2012 until this matter is resolved.
A further announcement will be made in due course.
Enquiries:
MWB Business Exchange Plc
John Spencer, Chief Executive Tel: 020
7868 7268
N+1 Singer (Nominated Adviser Tel: 0131
& Broker): 529 0272
Sandy Fraser
This information is provided by RNS
The company news service from the London Stock Exchange
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