Screen Technology Group plc
25 February 2008
25 February 2008
Screen Technology Group plc ("Screen Tech" or the "Company")
Suspension of Shares and Trading Update
The Board of Screen Tech announces that its trading subsidiary, Screen
Technology Limited ("STL"), has today lodged at court a proposal for a Company
Voluntary Arrangement ("CVA"). Accordingly, the Board has requested a suspension
of trading in the Company's shares on AIM pending the outcome of this CVA and
clarification of the Company's financial position.
It is anticipated that the outcome of the CVA will be known by mid-March 2008,
when the Company will look to make a further announcement.
Completion of the CVA will be dependent on further finance being made available
and the Company continues to explore various financing alternatives.
For further information:
Screen Technology Group plc 01223 559 600
Tom Jarman, CEO
Charles Stanley Securities 020 7149 6000
Nominated Adviser
Russell Cook
This information is provided by RNS
The company news service from the London Stock Exchange
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