RNS Number : 4209C
Nipson Digital Printing Systems PLC
12 November 2009
For Immediate Release
12 November 2009
NIPSON DIGITAL PRINTING SYSTEMS PLC
("Nipson" or "Company")
Update on Financial Restructuring
Further to the announcement on 4 November 2009, the Company has been informed that the major shareholders have not been able to come to a satisfactory agreement to enable the future funding of the Company to be assured.
Accordingly, the Board has resolved to place the Company in Administration and has requested that trading in the Company's shares be suspended pending clarification of the Company's financial position.
A further announcement will be made to confirm the appointment of Administrators.
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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