Update
29 Outubro 2008 - 9:07AM
UK Regulatory
RNS Number : 9258G
Ashton Penney Holdings PLC
29 October 2008
For Immediate Release
29 October 2008
Ashton Penney Holdings Plc
(the "Company" or the "Group")
Statement re Protection
Following the announcement on 3 October 2008 regarding the trading position and the need for additional funding and the subsequent
request on 7 October 2008 by the Company that its shares be suspended pending clarification of the Group's financial position, Ashton Penney
Holdings Plc entered into a ten-day period of protection under insolvency rules with effect from 28 October 2008, and will work with its
recovery advisors to assess its options.
Those options include possibly the sale of some or all of the company's assets and/or a refinancing of the company.
Further announcements will be made as and when appropriate.
For further information:
Ashton Penney (Tel: 020 7337 6900) Beaumont Cornish (Tel: 020 7628 3396)
Bruce Page, CEO Roland Cornish
ENDS
This information is provided by RNS
The company news service from the London Stock Exchange
END
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