3rd May 2007 17:15
Sarantel Group PLC03 May 2007 Sarantel Group PLC ("Sarantel" or the "Company") Statement re share price movement The Board of Sarantel notes today's movement in its share price. The Company can confirm it is currently in advanced discussions with its major existing investors on a fundraising to meet its ongoing working capital needs. The Company will make a further announcement in respect of these discussions as soon as possible. For further information please contact: Sarantel Group plcGeoff Shingles, Chairman Tel: 01933 670 560David Wither, Chief Executive College HillCarl Franklin / Ben Way Tel: 020 7457 2020 Ambrian PartnersTim Goodman Tel: 020 7776 6421 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
UK Oil & Gas