Torotrak PLC Administrators and Suspension from Trading

TIDMTRK

RNS Number : 6183Y

Torotrak PLC

06 December 2017

THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY THE COMPANY TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE EU MARKET ABUSE REGULATION (596/2014). UPON THE PUBLICATION OF THE ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.

Torotrak plc

("Torotrak" or the "Company")

Appointment of Administrators

Suspension from Trading

Further to the announcement on 5 December 2017, it is with regret that the Company confirms that the Board of the Company has resolved that Daniel Smith and Clare Boardman of Deloitte LLP will be appointed as joint administrators of Torotrak plc as soon as practicable

As a result, the Company has requested that listing on the premium segment of the Official List of the FCA and trading of Torotrak shares on the London Stock Exchange's main market be suspended from 7:30 a.m. on 7 December 2017.

A further announcement will be made in due course.

For more information, please visit 
  www.torotrak.com or contact: 
 
  Torotrak plc 
  Adam Robson, Chief Executive / 
  Rex Vevers, Finance Director 
  Tel: +44 1772 900931 
 Cantor Fitzgerald Europe (Financial 
  Adviser & Broker) 
  Marc Milmo / Will Goode 
  Tel: +44 20 7894 7000 
 Tavistock (Financial PR) 
  Simon Hudson / James Collins 
  Tel: +44 20 7920 3150

This information is provided by RNS

The company news service from the London Stock Exchange

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(END) Dow Jones Newswires

December 06, 2017 12:30 ET (17:30 GMT)