RNS Number : 0940B
Heywood Williams Group PLC
20 October 2009
HEYWOOD WILLIAMS
20 October 2009
Heywood Williams Group PLC - Application to appoint administrators
Following the announcement earlier today regarding the shareholders' decision to reject the Proposed Restructuring and other Proposals as set out in the circular sent to shareholders on 1 October 2009, the Board confirms that, having completed a detailed review of the options available to it, it has now concluded, with regret, that it is necessary for the Company to apply to Court for an administration to safeguard the operations of the Company.
Consequently, the Board has today made an application to Court to request it to appoint administrators over the Company. In addition, the Company has requested a suspension of listing of its ordinary shares from the Official List by the Financial Services Authority.
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Contacts:
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Heywood Williams
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Tel: 01422 328860
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Robert Barr / Mike Richards
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Rothschild
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Tel: 020 7280 5000
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Ed Welsh / Chris Alonso
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Deloitte
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Tel: 020 7303 5037
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Jamie Harley
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Financial Dynamics
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Tel: 020 7831 3113
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Jon Simmons / Sophie Moate
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This information is provided by RNS
The company news service from the London Stock Exchange
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