Brief: Mode Global Holdings Says Unit Mode Global Ltd Cannot Pay Its Liabilities As They Fall Due

R8 Capital Investments

14/03/2023 13:31

March 14 (Reuters) - Mode Global Holdings PLC  MODE.L :
    * MODE GLOBAL HOLDINGS PLC - UNIT MODE GLOBAL LTD WILL NOT
BE ABLE
TO RECOVER AMOUNTS DUE FROM SUBSIDIARIES FOR PROVISION OF
SERVICES
    * MODE GLOBAL HOLDINGS PLC -  MODE GLOBAL LIMITED CANNOT PAY
ITS
LIABILITIES AS THEY FALL DUE
    * MODE GLOBAL HOLDINGS - DIRECTORS OF MODE GLOBAL HOLDINGS
WILL
CONTINUE TO LOOK FOR WAYS TO EXTRACT VALUE AND SEEK OUT OPTIONS
FOR FUTURE OF GROUP

Source text for Eikon:  ID:nRSN9459Sa 
Further company coverage:  MODE.L 

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