Galleon Holdings PLC Notice of Intention to Appoint Administrator (3554G)
05 Juni 2013 - 12:32PM
UK Regulatory
TIDMGON
RNS Number : 3554G
Galleon Holdings PLC
05 June 2013
5 June 2013
Galleon Holdings plc
("Galleon" or the "Company")
Notice of Intention to Appoint Administrator
The Board announces that it has today filed at court a notice of
intention to appoint an administrator.
The Board has been reviewing its options in order to minimise
the financial uncertainty surrounding the Company. While the Board
continues to explore these options, the Company has filed a notice
of intention to appoint Craig J. Povey and Kevin A. Murphy of
Chantrey Vellacott DFK as administrators of the Company to assist
the directors in this regard and to protect the interests of
creditors.
The suspension to trading in the Company's shares, as announced
on 22 March 2013, remains effective.
Further announcements will be made in due course.
Enquiries:
Galleon Holdings plc
Hayden Eastwood, Chief Financial
Officer +44 20 8987 0011
Nominated Adviser
Cairn Financial Advisers LLP
James Caithie / Avi Robinson +44 20 7148 7900
This information is provided by RNS
The company news service from the London Stock Exchange
END
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