Further statement re protecti
HASH(0x8764840)
<head>
<meta http-equiv="Content-Type" content="text/html; charset=us-ascii" />
<title></title>
<meta content="HTML Tidy for Windows (vers 21 March 2007), see www.w3.org" name="generator" />
<style type="text/css">
/*<![CDATA[*/
/**/
BODY.c8 {
MARGIN: 56.7pt 36pt 56.7pt 45pt; FONT-FAMILY: Times New Roman
}
P.c7 {
MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; PADDING-BOTTOM: 0pt; PADDING-TOP: 0pt; TEXT-ALIGN: justify
}
SPAN.c6 {
FONT-SIZE: 66.7%; VERTICAL-ALIGN: super; FONT-FAMILY: Gotham Book
}
SPAN.c5 {
FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Gotham Book
}
P.c4 {
MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; PADDING-BOTTOM: 0pt; PADDING-TOP: 0pt; TEXT-ALIGN: center
}
P.c3 {
PADDING-RIGHT: 0px; PADDING-LEFT: 0px; PADDING-BOTTOM: 0px; MARGIN: 0px; PADDING-TOP: 0px
}
P.c2 {
MARGIN-TOP: 0pt; FONT-SIZE: 12pt; MARGIN-BOTTOM: 0pt; PADDING-BOTTOM: 0pt; PADDING-TOP: 0pt; TEXT-ALIGN: left
}
SPAN.c1 {
FONT-SIZE: 10pt; FONT-FAMILY: Gotham Book
}
/**/
/*]]>*/
</style>
</head>
<body class="c8"><div>RNS Number : 9406Z</div> <div>Greatfleet PLC</div> <div>25 July 2008</div> <div> </div>
<p></p>
<p class="c2"><span class="c1">For immediate release</span><span class="c1">    </span><span class="c1">       </span><span class="c1"> </span><span class="c1">                                                                                                                           </span><span class="c1">25</span><span class="c1"> July 2008</span></p>
<p class="c3"><br /></p>
<p class="c3"><br /></p>
<p class="c4"><span class="c1">Greatfleet plc</span></p>
<p class="c4"><span class="c1">("Greatfleet" or the "Company")</span></p>
<p class="c3"><br /></p>
<p class="c4"><span class="c5">Further s</span><span class="c5">tatement re protecti</span><span class="c5">on</span></p>
<p class="c3"><br /></p>
<p class="c7"><span class="c1">Further to the suspension of the Company's shares </span><span class="c1">on 9 July 2008 </span><span class="c1">pending clarification of the Company's finan</span><span class="c1">cial position and the announcement on 14 July 2008 stating that Greatfleet had </span><span class="c1">entered</span><span class="c1"> into </span><span class="c1">a period of </span><span class="c1">pro</span><span class="c1">tecti</span><span class="c1">on</span><span class="c1"> </span><span class="c1">pursuant to the provisions of the Insolvency Rules 1986</span><span class="c1">, the Board of Greatfleet announces that it has tod</span><span class="c1">ay been granted a</span><span class="c1"> further period of protection until </span><span class="c1">8</span><span class="c6">th</span><span class="c1"> August</span><span class="c1"> 2008</span><span class="c1">.</span></p>
<p class="c3"><br /></p>
<p class="c7"><span class="c1">The</span><span class="c1"> Board </span><span class="c1">continues to</span><span class="c1"> work with </span><span class="c1">the Company's business recovery advisers </span><span class="c1">in </span><span class="c1">assessing how to protect the interests of creditors </span><span class="c1">and shareholders </span><span class="c1">and</span><span class="c1"> considering the future of the C</span><span class="c1">omp</span><span class="c1">any. </span><span class="c1">Several indications of interest have been received from parties interested in acquiring parts of Greatfleet's business and these are being considered</span><span class="c1">.</span></p>
<p class="c3"><br /></p>
<p class="c7"><span class="c1">The Board will make further announcements as appropriate.</span></p>
<p class="c3"><br /></p>
<p class="c2"><span class="c1">For further information please contact:</span></p>
<p class="c3"><br /></p>
<p class="c2"><span class="c1">Greatfleet plc</span></p>
<p class="c2"><span class="c1">Sir John Baker, Chairman</span></p>
<p class="c2"><span class="c1">Colin Gerstein, Chief Executive Officer</span><span class="c1">                                  </span><span class="c1">    </span><span class="c1">    </span><span class="c1">    </span><span class="c1">    Tel: 0845 881 0700</span></p>
<p class="c3"><br /></p>
<p class="c2"><span class="c1">Noble & Company Limited</span><span class="c1"> (nominated adviser and broker)</span></p>
<p class="c2"><span class="c1">Nick Naylor</span><span class="c1"> / </span><span class="c1">Nick Athanas</span><span class="c1">    </span><span class="c1">    </span><span class="c1">    </span><span class="c1">    </span><span class="c1">    </span><span class="c1">    </span><span class="c1">                                             Tel: 0207 763 2200</span></p>
<div style="text-align:center;"><br/>This information is provided by RNS</div><div style="text-align:center;">The company news service from the London Stock Exchange</div><div> </div> END<div> </div><div> </div>MSCEELFLVDBBBBE</body>
</html>
|
