Brief: Hawkwing Plc Announces IFG Withdrawal From Heads Of Terms

Hawkwing

13/12/2021 07:20

Dec 13 (Reuters) - Hawkwing PLC  HNG.L :
    * HAWKWING PLC  - IFG WITHDRAWAL FROM HEADS OF TERMS
    * HAWKWING PLC - INTERNET FUSION GROUP LIMITED WITHDRAWAL
FROM
HEADS OF TERMS
    * HAWKWING PLC - HAS BEEN ADVISED BY IFG IT HAS TERMINATED
DISCUSSIONS REGARDING ARRANGEMENTS REFERRED TO IN HEADS OF TERMS
    * HAWKWING PLC - AS A CONSEQUENCE REVERSE TAKEOVER BY
HAWKWING OF
IFG WILL NO LONGER GO AHEAD
    * HAWKWING - SECURED LOAN OF £13.7 MILLION MADE TO IFG BY
CO,
WHICH IFG USED TO BUY NORTHCORE LTD AND SHADE LTD (TRADING AS
SHADE STATION) REMAINS IN PLACE
    * HAWKWING PLC - REQUEST WILL BE MADE FOR LISTING OF
COMPANY'S
SHARES TO BE RESTORED

Source text for Eikon:  ID:nRSM3602Va 
Further company coverage:  HNG.L 

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