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Wednesday 04 November, 2009

Nipson Digital Print

Update on Financial Restructu

RNS Number : 9053B
Nipson Digital Printing Systems PLC
04 November 2009
 



For Immediate Release

4 November 2009


NIPSON DIGITAL PRINTING SYSTEMS PLC

("Nipson" or "Company")


Update on Financial Restructuring


Further to the announcement on 15 October 2009, the Company reports that no agreement has been reached between the various parties. The Company continues to seek a solution for which it has set a short timescale. In the meantime the Company has not been in receipt of any formal steps on behalf of D. Roseman, Nipson Limited Partnership, Polar Communications LTD and Creacorp NV to enforce the repayment of debt due to them.


If agreement cannot be reached then as referred to in the announcement of 15 October 2009, the Company will need to consider a Company Voluntary Arrangement; but will also consider other options including administration.



For further information please contact:

Marc Maes                                                    Tel: +32 494500423

Chairman 


Roland Cornish/Rosalind Hill Abrahams     Tel: 0207 628 3396

Beaumont Cornish Limited 



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