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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 / 1841

BRIEF-Fishing Republic Says Looking At Various Options To Sell All Or Parts Of Trading Business

Fri 30th November, 2018 12:17pm
Nov 30 (Reuters) - Fishing Republic PLC  FISH.L :
    * EQUITY FUNDRAISING ACTIVITY REFERRED TO IN ANNOUNCEMENT ON
12
NOVEMBER IS ONGOING
    * COMPANY'S PROFESSIONAL ADVISERS HAVE BEEN LOOKING AT
VARIOUS
OPTIONS TO SELL ALL OR PARTS OF TRADING BUSINESS AS A GOING
CONCERN
    * ADVISERS IN DISCUSSIONS WITH CERTAIN EXISTING SHAREHOLDERS
TO
ASSESS THEIR SUPPORT FOR PROVIDING SHORT-TERM FINANCE FOR GROUP
    * A MATERIAL UNCERTAINTY REGARDING GROUP'S FINANCIAL
POSITION
CONTINUES TO EXIST
    * COMPANY'S SHARES REMAIN SUSPENDED FROM TRADING ON AIM
    * NO GUARANTEE CO WILL BE ABLE TO CONCLUDE EQUITY
FUNDRAISE/RAISE
SUFFICIENT FUNDS FOR IMMEDIATE & FUTURE WORKING CAPITAL
REQUIREMENTS

Source text for Eikon:  ID:nRSd0841Ja 
Further company coverage:  FISH.L 

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