Brief: ReNeuron To File Notice Of Appointment Of Cork Gully As Administrators

ReNeuron

20/03/2024 12:32

March 20 (Reuters) - ReNeuron Group PLC  RQE.L :
    * RENEURON GROUP PLC  - INTENTION TO APPOINT ADMINISTRATORS
    * RENEURON GROUP PLC - DECISION OF BOARD OF DIRECTORS TO
APPOINT
ADMINISTRATORS
    * RENEURON GROUP : CONTINUED TO EXPLORE A NUMBER OF
CORPORATE
OPTIONS, HAS PUT STAFF AT RISK OF REDUNDANCY AND INITIATED
DISCUSSIONS WITH ITS CREDITORS.
    * RENEURON GROUP PLC - APPOINTMENT EXPECTED TO TAKE EFFECT
WITHIN
NEXT BUSINESS DAY
    * RENEURON GROUP PLC: DISCUSSIONS WITH POTENTIAL INVESTORS,
PARTNERS AND CREDITORS WILL REMAIN OPEN THROUGHOUT
ADMINISTRATION PROCESS
    * RENEURON GROUP PLC: ACTIVELY ENGAGED IN DISCUSSIONS WITH
ITS
CREDITORS IN ORDER TO ESTABLISH SOLVENCY OF BUSINESS
    * RENEURON GROUP PLC - NOT KNOWN AT PRESENT HOW MUCH, IF
ANY,
VALUE WILL BE RETURNED TO SHAREHOLDERS FOLLOWING ADMINISTRATION
PROCESS
    * RENEURON GROUP PLC: BOARD INTENDS SHORTLY TO FILE NOTICE
OF
APPOINTMENT OF CORK GULLY LLP AS ADMINISTRATORS

Source text for Eikon:  ID:nRST6377Ha 
Further company coverage:  RQE.L 

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