Suspension from Trading
14 November 2008 - 5:45PM
UK Regulatory
RNS Number : 2329I
Vividas Group plc
14 November 2008
Vividas Plc
('Vividas' or 'the Company')
Suspension of Trading
The board of Vividas, the AIM quoted streaming software technology business, announces that it has requested a temporary suspension of
trading in its shares on AIM.
Further to the business update issued on 1 October 2008, as a result of the economic climate toughening and trading conditions remaining
challenging, the Company's working capital position has been adversely affected.
Although the directors have sought further financing to allow the Company to continue trading, such financing has not been forthcoming.
Therefore, the board regret to announce that they will be appointing administrators to effect an orderly wind up of the business.
Enquiries:
Vividas Group plc
David Pearson, Executive Chairman Tel: +44 (0)118 949 7903
Greg Minns, Finance Director www.vividas.com
HB Corporate
Imran Ahmad / Rory Creedon Tel: +44 (0) 20 7510 8600
This information is provided by RNS
The company news service from the London Stock Exchange
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