31st Jan 2019 07:00
Cradle Arc plc / EPIC: CRA.L / Market: AIM / Sector: Mining
31 January 2019
Cradle Arc plc
("Cradle Arc" or the "Company")
Appointment of Administrators
Cradle Arc announces that, further to its announcement of 20 December 2018, it has appointed Antony Batty and Hugh Jesseman of Antony Batty & Company LLP as Joint Administrators to the Company with immediate effect (the "Administration").
The objective of the Administration is to enable an orderly realisation of the Company's assets with a view to maximising value for creditors and shareholders and, if possible, the survival of the Company.
**ENDS**
For further information on the Company, please visit www.cradlearc.com or contact:
Antony Batty & Company LLP Antony Batty Hugh Jesseman
| Tel: +44 (0)20 7831 1234 |
Tavistock Communications Limited Charles Vivian Gareth Tredway | Tel: +44 (0)20 7920 3150 |
Strand Hanson Limited James Spinney Matthew Chandler James Dance |
Tel: +44 (0)20 7409 3494 |
SP Angel Corporate Finance LLP Ewan Leggat
|
Tel: +44 (0)20 3470 0470 |
Tavistock Communications Limited Charles Vivian Gareth Tredway | Tel: +44 (0)20 7920 3150 |
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.
Related Shares:
CRA.L