Business
Administration Update
Administration Update.
About this update from Tern Plc
[{"type":"text","content":"\n The Core Business\n (\"Core\" or the \"Company\")\n\n Pending Appointment of Administrators\n\n19 October 2009\n\n\nFurther to the announcement made on 12 October 2009, a Notice of Intention to\nappoint Administrators has been filed at Court with a view to appointing T J\nBinyon and S J Parker of Tenon Recovery as Administrators under the Insolvency\nAct 1986.\n\nA further announcement will be made when possible regarding the Administrators\nproposals to restructure the Company.\n\n\nENDS\n\n\nFor further information, please contact:\n\nThe Core Business PLC www.thecorebusiness.co.uk\nStirling Murray, Chief Executive 020 8559 8244\n\nBlomfield Corporate Finance Ltd (Nomad)\nNick Harriss/Emily Morgan 020 7489 4500\n\nSVS Securities plc (Broker)\nAlex Brearley 020 7638 5600\n\nTenon Recovery (Administrator)\nTrevor Binyon/Steven Edwards 020 7935 5566\n\n\n\nNotes to Editors\nThe Core Business was established in May 2004 by Stirling Murray to create,\ndevelop, launch and distribute personal care and beauty brands. It also provides\nconsultancy and brand management services. The Company was listed on AIM in March\n2006 under the ticker `CORE.' \n ","length":1528,"tagName":"div"}]