25th Feb 2008 09:00
Screen Technology Group plc25 February 2008 25 February 2008 Screen Technology Group plc ("Screen Tech" or the "Company") Suspension of Shares and Trading Update The Board of Screen Tech announces that its trading subsidiary, ScreenTechnology Limited ("STL"), has today lodged at court a proposal for a CompanyVoluntary Arrangement ("CVA"). Accordingly, the Board has requested a suspensionof trading in the Company's shares on AIM pending the outcome of this CVA andclarification of the Company's financial position. It is anticipated that the outcome of the CVA will be known by mid-March 2008,when the Company will look to make a further announcement. Completion of the CVA will be dependent on further finance being made availableand the Company continues to explore various financing alternatives. For further information: Screen Technology Group plc 01223 559 600Tom Jarman, CEO Charles Stanley Securities 020 7149 6000Nominated AdviserRussell Cook This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Softcat