CRA Cradle Arc

TIDMCRA

RNS Number : 6055O

Cradle Arc PLC

31 January 2019

Cradle Arc plc / EPIC: CRA.L / Market: AIM / Sector: Mining

31 January 2019

Cradle Arc plc

("Cradle Arc" or the "Company")

Appointment of Administrators

Cradle Arc announces that, further to its announcement of 20 December 2018, it has appointed Antony Batty and Hugh Jesseman of Antony Batty & Company LLP as Joint Administrators to the Company with immediate effect (the "Administration").

The objective of the Administration is to enable an orderly realisation of the Company's assets with a view to maximising value for creditors and shareholders and, if possible, the survival of the Company.

**ENDS**

For further information on the Company, please visit www.cradlearc.com or contact:

 
 Antony Batty & Company LLP         Tel: +44 (0)20 7831 1234 
  Antony Batty 
  Hugh Jesseman 
 Tavistock Communications Limited   Tel: +44 (0)20 7920 3150 
  Charles Vivian 
  Gareth Tredway 
 
   Strand Hanson Limited              Tel: +44 (0)20 7409 3494 
   James Spinney 
   Matthew Chandler 
   James Dance 
 
   SP Angel Corporate Finance         Tel: +44 (0)20 3470 0470 
   LLP 
   Ewan Leggat 
 Tavistock Communications Limited   Tel: +44 (0)20 7920 3150 
  Charles Vivian 
  Gareth Tredway 
 

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

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

STRLFFEILDIIVIA

(END) Dow Jones Newswires

January 31, 2019 02:00 ET (07:00 GMT)

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