Business
Statement re. Suspension
Statement re. Suspension.
About this update from Tern Plc
[{"type":"text","content":"\n The Core Business\n (\"Core\" or the \"Company\")\n\n Suspension of Trading in the Company's Shares & Warrants\n\n25 September 2009\n\n\nThe Company has requested that trading in its ordinary shares and warrants be\nsuspended pending clarification of its financial position. A recent\ninvestigation has identified certain discrepancies in the accounts for the\ncurrent six months; these accounts are in the process of being checked for\nfurther errors. It is not believed at this point that there are errors in the\npreviously reported financial statements.\n\nThe Board is in discussion with its advisers regarding options for restructuring\nthe Company and possible sources of new working capital.\n\nA further announcement will be made when possible.\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\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":1779,"tagName":"div"}]