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Cradle Arc PLC - Appointment of Administrators

RNS Number : 6055O
Cradle Arc PLC
31 January 2019
 

Cradle Arc plc / EPIC: CRA.L / Market: AIM / Sector: Mining

 

31 January 2019

Cradle Arc plc

("Cradle Arc" or the "Company")

Appointment of Administrators

Cradle Arc announces that, further to its announcement of 20 December 2018, it has appointed Antony Batty and Hugh Jesseman of Antony Batty & Company LLP as Joint Administrators to the Company with immediate effect (the "Administration").

 

The objective of the Administration is to enable an orderly realisation of the Company's assets with a view to maximising value for creditors and shareholders and, if possible, the survival of the Company. 

 

**ENDS**

 

For further information on the Company, please visit www.cradlearc.com or contact:

 

Antony Batty & Company LLP

Antony Batty

Hugh Jesseman

 

Tel: +44 (0)20 7831 1234

Tavistock Communications Limited

Charles Vivian

Gareth Tredway

Tel: +44 (0)20 7920 3150

 

Strand Hanson Limited

James Spinney

Matthew Chandler

James Dance

 

Tel: +44 (0)20 7409 3494

 

SP Angel Corporate Finance LLP

Ewan Leggat

 

 

Tel: +44 (0)20 3470 0470

Tavistock Communications Limited

Charles Vivian

Gareth Tredway

Tel: +44 (0)20 7920 3150

 

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

 

 

 


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