Brief: Microsaic Systems Says Could See All Staff Being Made Redundant

Metir

03/11/2023 14:34

Nov 3 (Reuters) - Microsaic Systems PLC  MSYS.L :
    * MICROSAIC SYSTEMS  - FUNDING & OPERATIONAL UPDATE,
INTENTION TO
DELIST
    * MICROSAIC SYSTEMS- SIGNIFICANT COST REDUCTION EXERCISE,
INCLUDING CONSULTATION PERIOD WITH EMPLOYEES LIKELY TO RESULT IN
ALL STAFF BEING MADE REDUNDANT
    * MICROSAIC SYSTEMS PLC - COST REDUCTION PLANS INCLUDE
COMPANY'S
INTENTION TO CANCEL ADMISSION TO TRADING OF ITS SHARES ON AIM
    * MICROSAIC SYSTEMS PLC - EXPLORING ALTERNATIVE 'MATCHED
BARGAIN
FACILITIES' TO ENABLE INVESTORS TO TRADE IN ITS SHARES FOLLOWING
INTENDED DELISTING

Source text for Eikon:  ID:nRSC3823Sa 
Further company coverage:  MSYS.L 

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