Finablr PLC Potential insolvency appointment (3715G)
17 Marzo 2020 - 8:00AM
UK Regulatory
TIDMFIN
RNS Number : 3715G
Finablr PLC
17 March 2020
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES
OF ARTICLE 7 OF EU REGULATION 596/2014.
17 March 2020
Finablr PLC ("Finablr" or the "Company")
Potential insolvency appointment
Following the announcement on 16 March 2020 with respect to
Finablr's present liquidity situation and ongoing discussions with
its lending banks, the Board of Finablr has engaged an accounting
firm to undertake rapid contingency planning for a potential
insolvency appointment with a view to maximizing value in the
Group.
END
Enquiries
The Company
Finablr PLC
Robert Moorhouse, Group Company Secretary +44 7825 213767
Ryan Ayache, Head of Investor Relations +971 2 3073 176
For more information, visit the Finablr website:
www.finablr.com
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
MSCSFFEEMESSEED
(END) Dow Jones Newswires
March 17, 2020 03:00 ET (07:00 GMT)
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