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FISH - Fishing Republic News Story

5.25p 0.0  0.0%

Last Trade - 15/10/18

Sector
Consumer Cyclicals
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £8.41m
Position in Universe th / 1842

BRIEF-Fishing Republic Says It Is Seeking To Raise Equity Finance

Mon 12th November, 2018 10:10am
Nov 12 (Reuters) - Fishing Republic Plc  FISH.L :
    * COMPANY UPDATE
    * CURRENTLY SEEKING TO RAISE EQUITY FINANCE TO FUND ITS
IMMEDIATE
AND FUTURE WORKING CAPITAL REQUIREMENTS
    * DIRECTORS HAVE BEEN WORKING WITH CO'S PROFESSIONAL
ADVISERS TO
ASSES A NUMBER OF OPTIONS FOR FUTURE OF GROUP
    * SHARES REMAIN SUSPENDED FROM TRADING ON AIM
    * IF CO FAILS TO RAISE ENOUGH EQUITY FINANCE, THERE WILL BE
DOUBT
AS TO ITS ABILITY TO CONTINUE AS A GOING CONCERN
    * THERE DOES REMAIN A MATERIAL UNCERTAINTY REGARDING GROUP'S
FINANCIAL POSITION 
    * GROUP CONTINUES TO TRADE ONLY WITH SHORT-TERM SUPPORT OF
KEY
CREDITORS 

Source text for Eikon:  ID:nRSL0443Ha 
Further company coverage:  FISH.L 

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