Woolworths Group PLC Administration Order
27 Januar 2009 - 12:36PM
UK Regulatory
TIDMWLW
RNS Number : 3102M
Woolworths Group PLC
27 January 2009
27 January 2009
Woolworths Group PLC - Administration Order
Woolworths Group plc (the "Company") announces that the High Court has today
granted an application that an order of administration be made in respect of the
Company.
As announced on 27 November 2008, the termination of the Company's discussions
for the sale of its retail business led to the administration of its two major
subsidiaries, Woolworths plc and Entertainment UK Ltd. Accordingly, Neville
Kahn, Daniel Butters and Nicholas Dargan (the "Joint Administrators") were
appointed as Joint Administrators to both companies on that date.
With the order made this morning in the High Court by Mr Justice Patton, the
Joint Administrators are now also appointed as administrators to the Company.
For further information contact:
Susanna Voyle, Tulchan Communications 020 7353 4200
This information is provided by RNS
The company news service from the London Stock Exchange
END
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