NDH Network Data

 

TIDMNDH 
 
RNS Number : 7278S 
Network Data Holdings PLC 
22 May 2009 
 

 
 
22 May 2009 
 
 
 
 
NETWORK DATA HOLDINGS PLC 
 
 
("Network Data" or the "Company") 
 
 
Appointment of Administrators 
 
 
The Board of Directors of Network Data announces that further to recent 
announcements regarding ongoing concern surrounding the financial position of 
the Company and its subsidiaries, Bruce Alexander Mackay and Matthew Robert Haw 
of Baker Tilly Restructuring and Recovery LLP, 5 Old Bailey, London EC4M 7AF, 
were today appointed as administrators of Network Data, Network Data Limited and 
Mortgage Broking Solutions Limited. 
 
 
The Company also announces that following the appointment of administrators, its 
contract with its Nominated Adviser, Noble & Company, has now terminated. If the 
Company fails to appoint an alternative Nominated Adviser on or before 7am on 23 
June 2009 then, in accordance with Rule 1 of the AIM Rules for Companies, the 
admission of the Company's ordinary shares to trading on AIM will be cancelled. 
 
 
Enquiries: 
 
 
Richard Griffiths 
Chief Executive, Network Data Holdings 
Tel: 01932 875 728 
 
 
John Riddell/Brian Stockbridge 
Noble & Company 
Tel: 020 7763 2200 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 MSCFGGZKMZNGLZM 
 

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