Brief: Loopup Group Announces Decisive Steps To Exit Its Hybridium Business Globally

Loopup

06/11/2023 07:25

Nov 6 (Reuters) - LoopUp Group PLC  LOOP.L :
    * LOOPUP GROUP PLC - DECISIVE STEPS TO EXIT ITS HYBRIDIUM
BUSINESS
GLOBALLY
    * LOOPUP GROUP - EXITING HYBRIDIUM WILL SAVE GROUP ABOUT EUR
1
MILLION IN CASH COSTS OVER NEXT 12-MONTH PERIOD; AND REMOVE
ABOUT EUR 1 MILLION OF DEBT
    * LOOPUP GROUP PLC - GROUP REMAINS CONFIDENT OF BROADLY
MEETING
CURRENT MARKET EXPECTATIONS FOR FULL YEAR 2023

Source text for Eikon:  ID:nRSF4071Sa 
Further company coverage:  LOOP.L