Business
Result of CVA
Result of CVA.
About this update from Softcat Plc
[{"type":"text","content":"\n Screen Technology Group plc\n19 March 2008\n\n\n19 March 2008\n\n Screen Technology Group plc\n\n Result of CVA and proposed refinancing\n\n\nScreen Technology Group plc (\"Screen Technology\" or the \"Company\") announced on\n25 February 2008 that Screen Technology Limited (\"STL\"), the Company's trading\nsubsidiary, had lodged at court a proposal for a Company Voluntary Arrangement\n(\"CVA\"). At the same time trading in the Company's shares on AIM was suspended\npending the outcome of the CVA and clarification of the Company's financial\nposition.\n\nThe board is pleased to announce that the CVA has been approved. The board is\nalso pleased to announce that it is continuing to seek further financing of the\nCompany and that details of the refinancing proposal will be announced shortly.\n\nTrading in the Company's shares on AIM will remain suspended pending\nclarification of terms of the proposed refinancing.\n\n\nFor further information:\n\nScreen Technology Group plc 01223 559 600\nTom Jarman, CEO\n\nCharles Stanley Securities 020 7149 6000\n\nNominated Adviser\nRussell Cook\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n ","length":1310,"tagName":"div"}]