News blog
Delling Group
- BY: Andrew Hore |
- POSTED: 16/12/2008 |
Scandinavian marketing services company Delling Group has asked for its shares to be suspended because it says it can’t provide adequate information about its financial position.
The company also says that it is unable to give adequate operational information.
Finance director Svante Goden has resigned. Chief executive Geir Lolleng resigned last week.
The shares were suspended at 0.3p each, which values Delling at £610,000.
The existing Swedish businesses, which accounted for the majority of group revenues, are being placed in receivership. Delling admits it wants to convert shareholder debt into equity and raise more cash from a share issue.
© 2024 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
- Browse by issue
- All issues
- Popular tags
- All tags
- AIM Micro feeds
Keep up to date with articles published at AIMMicro.com. Subscribe to AIM Micro RSS Feeds
|