Statement re. share price movement

RNS Number : 6889K

Microsaic Systems plc

06 January 2021

 

Microsaic Systems plc

("Microsaic" or the "Company")

Statement re. share price movement

The Company notes the increase in the Company's share price during recent trading.

There is no new information required to be disclosed since the announcement of 22 December 2020, when it was announced that KRE Corporate Recovery Limited was appointed to explore options to maximise value for creditors and potentially other stakeholders. As stated in that announcement, there can be no certainty of any transaction being concluded nor as to the terms on which any form of transaction would occur.

Enquiries:

Microsaic Systems plc	[phone]
Glenn Tracey, CEO
Bevan Metcalf, FD
N+1 Singer (Nominated Adviser & Joint Broker)	[phone]
Aubrey Powell / George Tzimas (Corporate Finance)
Tom Salvesen (Corporate Broking)
KRE Corporate Recovery Ltd Gareth Roberts, Director ( [e-mail] ) David Taylor, Director ( [e-mail] )	[phone] [phone]

 

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