Millfield Group PLC
22 June 2006
Millfield Group plc (the "Company")
Suspension of trading on AIM
Since the Company's announcement on 19 June 2006 it has become apparent that
there is insufficient support for a placing of its shares and, accordingly, the
Board has today requested that the London Stock Exchange suspend trading of the
Company's ordinary shares on AIM, whilst the Board seeks to clarify the
Company's financial position. It is highly likely that the Company and at least
some of its subsidiaries will be placed into administration in the near future.
The Board and its advisers are actively pursuing a resolution of the position
which will avoid disruption to the Group's businesses although it is not
anticipated that this will result in any value for the Company's shareholders.
A further announcement will be made as soon as practicable.
Contacts:
Millfield Group Plc
Alan Easter 020 8604 2600
Financial Dynamics
Louise Dolan / Andrew Waterworth 020 7831 3113
This information is provided by RNS
The company news service from the London Stock Exchange
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