Stmnt re Share Price Movement
Released: 11:41 15-Jan-09
Number: 6968L
RNS Number : 6968LCleardebt Group PLC15 January 2009ClearDebt Group plc
Statement re: Share Price Movement
ClearDebt Group plc (the 'Company') notes the recent increase in its share price. The Company is currently in advanced discussions with a third party relating to a possible acquisition which the Company believes would not be material relative to the current size of the Company and its subsidiaries. There is no guarantee that these discussions will be successfully concluded. A further announcement will be made if and when appropriate.
The Board is not aware of any reason for the increase in the share price. The business continues to trade in line with the Board's expectations and the confidence it expressed in the statement made at the Annual General Meeting on 12 December 2008. As part of the Company's continuing corporate broking programme, a number of meetings have been arranged with existing and potential new investors to take place during the fortnight commencing 19 January 2009.
For further information, please contact:
|
David Mond, ClearDebt Group plc David Youngman/Robin Gwyn, WH Ireland Limited Ruari McGirr, St. Helen's Capital Plc |
Tel: 0161 969 2023 Tel: 0161 832 2174 Tel: 020 7628 5582 |
This information is provided by RNS
