The board of ReNeuron Group PLC (AIM:RENE, OTC:RNUGF) intends to appoint administrators in the coming days. The group had been seeking funding to allow the group to continue trading on a lower-cost model. “However, to date, certain of these discussions have not progressed sufficiently for the group to establish the precise solvency status of the business,” the company today stated.
The Markets by Proactive
Go to Proactive UK
Proactive’s coverage of London’s small caps continues on .com