JOUL.L

Joules Group Plc
Joules Group plc - Appointment of Administrators
16th November 2022, 15:56
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RNS Number : 6719G
Joules Group plc
16 November 2022
 

This announcement contains inside information within the meaning of the Market Abuse Regulation. 

 

Joules Group Plc

("Joules", the "Group", the "Company")

Appointment of Administrators

 

On 14 November 2022, the Board of Joules resolved to file a notice of intention to appoint Will Wright, Ryan Grant and Chris Pole of Interpath Limited as administrators to the Company and Joules Limited, and Will Wright and Ryan Grant to The Garden Trading Company Limited and Joules Developments Limited.

 

Further to this, Joules have now appointed Will Wright, Ryan Grant and Chris Pole of Interpath Limited as administrators to the Company and Joules Limited, and Will Wright and Ryan Grant to The Garden Trading Company Limited and Joules Developments Limited.

 

The Company's shares were suspended from trading on the AIM on 7 November 2022. The Board currently expects that, in due course, the listing of the Company's ordinary shares will be cancelled, any residual value will be distributed to the Company's shareholders and the Company will be wound up.

 

Further announcements will be made in due course.

 

Further information is available here: http://JoulesGroupPlc.ia-insolv.com

 

The Company Shareholders can contact the administration team on JoulesShareholders@interpathadvisory.com

 

Enquiries:

 

 

Joules Group plc

Tel: +44 (0) 1858 435 255

Jonathon Brown, CEO

Caroline York, CFO

 


Hudson Sandler (Financial PR)

Tel: +44 (0) 20 7796 4133

Alex Brennan

Lucy Wollam

 


Interpath Limited (Administrators of Joules) 

Tel: +44 (0) 20 3989 2800

Will Wright

Ryan Grant

Chris Pole

 

 

Peel Hunt LLP (NOMAD and Joint Broker)

Tel: +44 (0) 20 7418 8900

George Sellar

Andrew Clark

 


Liberum Capital Limited (Joint Broker)

Tel: +44 (0) 20 3100 2000

John Fishley

Edward Thomas


 

This announcement contains inside information within the meaning of the Market Abuse Regulation. The person responsible for arranging release of this announcement on behalf of Joules is Caroline York, Chief Financial Officer.

 

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