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Thursday 12 November, 2009

Nipson Digital Print

Statement re suspension

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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