Harland & Wolff Group Holdings PLC (GB:HARL) has released an update.
Harland & Wolff Group Holdings PLC, a shipbuilding specialist, has entered administration after declaring insolvency. The company’s subsidiaries continue to operate, but the parent company’s administration will see a reduction in its 66 employees and no expected returns to shareholders. Amidst these changes, the company’s Nominated Adviser and Joint Broker have both resigned, signaling further uncertainty for its stock market presence.
For further insights into GB:HARL stock, check out TipRanks’ Stock Analysis page.
