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IND - Indigovision News Story

391p 0.0  0.0%

Last Trade - 12/06/20

Sector
Technology
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £35.7m
Position in Universe th / 1827

BRIEF-Indigovision Temporarily Reducing Salaries For Vast Majority Of Employees, Agents & Board

Thu 21st May, 2020 4:41pm
May 21 (Reuters) - Indigovision Group PLC  ID2A.L :
    * INDIGOVISION GROUP PLC - TEMPORARILY REDUCING SALARIES BY
20%
FOR VAST MAJORITY OF GROUP'S EMPLOYEES AND AGENTS, INCLUDING
BOARD
    * INDIGOVISION GROUP PLC - 60% OF COMPANY'S UK WORKFORCE
HAVING
BEEN FURLOUGHED SINCE 1 APRIL 2020
    * INDIGOVISION GROUP PLC - UTILISING UK GOVERNMENT'S JOB
RETENTION
SCHEME
    * INDIGOVISION GROUP PLC - UTILISING US GOVERNMENT'S
PAYCHECK
PROTECTION PROGRAM
    * INDIGOVISION GROUP PLC - ALL OF COMPANY'S BUSINESS UNITS
ARE
CURRENTLY OPERATING, BUT AT SIGNIFICANTLY REDUCED LEVELS
    * INDIGOVISION GROUP PLC - WITHDRAWING GUIDANCE ON EXPECTED
PERFORMANCE FOR FINANCIAL YEAR ENDING 31 DECEMBER 2020.

Source text for Eikon:  ID:nRSU5213Na 
Further company coverage:  ID2A.L 

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