Fishing Republic logo

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

Fishing Republic PLC - Statement re Suspension

Tue 16th October, 2018 2:52pm
RNS Number : 2348E
Fishing Republic PLC
16 October 2018
 

 

Fishing Republic plc

 

("Fishing Republic" or "the Company" or "the Group")

 

Statement re Suspension

 

As announced in the Company's interim results statement on 27 September 2018, Group sales have been significantly affected by strong competitive pressures.  This difficult trading environment has continued and the Board has been informed that certain major shareholders are no longer willing to provide further short-term financial assistance to the Group.

 

Trading in the Company's securities on AIM was therefore suspended at the Company's request pending clarification of its financial position.

 

A further announcement will be made in due course.

 

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

 

Enquiries:

 

Fishing Republic plc

James Newman, Executive Chairman


T: 020 3178 6378 (today)

 




KTZ Communications Limited


T: 020 3178 6378

Katie Tzouliadis, Emma Pearson






Northland Capital Partners Limited


T: 020 3861 6625

Nominated Adviser and Broker



Matthew Johnson, Jamie Spotswood, David Hignell (Corporate Finance)



Rob Rees (Corporate Broking)



 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
SRSLLFEVIILRLIT
© Stockopedia 2019, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.