Appointment of Administrator to Trading Subsidiary
21 Januar 2009 - 4:50PM
UK Regulatory
TIDMRHG
RNS Number : 0338M
The Real Hotel Group PLC
21 January 2009
The Real Hotel Group Plc
(the 'Company')
Appointment of Administrator to Trading Subsidiary
Following the announcement of the suspension of the Company's ordinary shares on
13 January 2009, the Company has been actively exploring all financial and
strategic options available to the business in the light of its adverse
financial position.
It is with deep regret that the Board has appointed administrators, Shay Bannon
and Antony Nygate of BDO Stoy Hayward LLP - 55 Baker Street, London W1U 7EU
(Tel: 020 7486 5888) with immediate effect in respect of its trading subsidiary,
the Real Hotel Company Ltd ("RHC"). The administrators will be undertaking a
review of the assets of RHC.
For further information please contact
+-------------------------------------+------------------+
| Michael Prager, Chief Executive | 020 8233 2001 |
+-------------------------------------+------------------+
| Paul Mitchell, Chief Financial Officer |
+-------------------------------------+------------------+
KBC Peel Hunt (Nominated Advisor & Broker): 020 7418 8900
Jonathan Marren
Daniel Harris
This information is provided by RNS
The company news service from the London Stock Exchange
END
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