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The Real Hotel Grp (RHG)

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Wednesday 21 January, 2009

The Real Hotel Grp

Appointment of Administrator

RNS Number : 0338M
The Real Hotel Group PLC
21 January 2009
 







The Real Hotel Group Plc


(the 'Company')

Appointment of Administrator to Trading Subsidiary

Following the announcement of the suspension of the Company's ordinary shares on 13 January 2009, the Company has been actively exploring all financial and strategic options available to the business in the light of its adverse financial position. 

It is with deep regret that the Board has appointed administrators, Shay Bannon and Antony Nygate of BDO Stoy Hayward LLP - 55 Baker Street, London W1U 7EU (Tel: 020 7486 5888) with immediate effect in respect of its trading subsidiary, the Real Hotel Company Ltd ('RHC'). The administrators will be undertaking a review of the assets of RHC. 



For further information please contact


Michael Prager, Chief Executive    

020 8233 2001

Paul Mitchell, Chief Financial Officer 


KBC Peel Hunt (Nominated Advisor & Broker):            020 7418 8900

Jonathan Marren

Daniel Harris



    


This information is provided by RNS
The company news service from the London Stock Exchange
 
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