REG - Deepverge PLC - New Website, Update

DeepvergeAnnouncement

14/09/2023 07:00

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RNS Number : 3688M  Deepverge PLC  14 September 2023

14 September 2023

 

DeepVerge plc

 

("DeepVerge" or "the Company")

 

New Website, Update

 

New website

The Company announces the launch of a new AIM Rule 26 compliant website at
www.deepvergeplc.com (http://www.deepvergeplc.com) .

Unfortunately, the former management and consultants who controlled this and
certain other domains and IT infrastructure have not handed control to the
Company, resulting in the Company and other websites becoming unavailable.

The new website has been produced to enable the Company to comply with AIM
Rule 26 until such time as it is able to regain control of the original
website.

Update

Further to the notification on 7 August 2023, in which the Company announced
the sale of Glanaco to its management and previous owners, the Board continues
to explore the best way to realise whatever value is possible through the sale
of one or more of the Labskin and Modern Water business units.

Several approaches have been received by the Company regarding the potential
sale of either the whole or part of the Modern Water and Labskin business
units, with multiple indications of interest for certain parts of the
business. Whilst this is encouraging, all these approaches are at an early
stage, and there can be no certainty that any of them will result in a
transaction, or that sufficient value will be realised to avoid the closure or
administration of the relevant Group subsidiaries.

Further updates will be given as appropriate.

 DeepVerge plc                                   Nigel Burton, Interim CEO  +44 (0) 7785 234447
 SPARK Advisory Partners Limited                 Neil Baldwin               +44 (0) 113 370 8974

 (Nominated Adviser)
 Turner Pope Investments (TPI) Limited (Broker)  Andy Thacker/James Pope    +44 (0) 20 3657 0050

 

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