Brief: Trackwise Designs Says Discussions With Respect To A Sale Of Co Not Been Successful

Trackwise Designs

02/08/2023 14:02

Aug 2 (Reuters) - Trackwise Designs PLC  TWD.L :
    * DISCUSSIONS WITH RESPECT TO A SALE OF CO OR IN RELATION TO
AN
EQUITY OR FUNDRAISING TRANSACTION HAVE NOT BEEN SUCCESSFUL
    * BOARD CONCLUDED IT IS REQUIRED TO TAKE NECESSARY STEPS TO
PRESERVE VALUE FOR CREDITORS
    * RESOLVED TO FILE A NOTICE OF INTENTION TO APPOINT
ADMINISTRATORS

Source text for Eikon:  ID:nRSB0993Ia 
Further company coverage:  TWD.L 

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