Brief: Deltex Medical Group Says In Absence Of Funding, Would Be Required To Appoint Administrator

Deltex Medical

06/07/2023 07:29

July 6 (Reuters) - Deltex Medical Group PLC  DEMG.L :
    * HALF-YEAR TRADING UPDATE & POTENTIAL FUNDRAISE
    * H1 REVENUE 1.1 MILLION STG VERSUS 1.2 MILLION STG YEAR AGO
    * IN ABSENCE OF ANY ALTERNATIVE FUNDING SOLUTIONS, DIRECTORS
SAY
LIKELY CO WOULD BE REQUIRED TO APPOINT ADMINISTRATOR
    * ANY SUCH EQUITY FUNDRAISING IS LIKELY TO BE CONDUCTED AT A
MATERIAL DISCOUNT TO GROUP'S CURRENT SHARE PRICE
    * DELTEX MEDICAL GROUP PLC - SEEKING TO OBTAIN A RESUMPTION
OF
TRADING IN GROUP'S SHARES ON AIM AS SOON AS POSSIBLE

Source text for Eikon:  ID:nRSF1796Fa 
Further company coverage:  DEMG.L 

 ((Reuters.Briefs@thomsonreuters.com;;))