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RBG Holdings Plc ( (GB:RBGP) ) has shared an announcement.
RBG Holdings Plc has announced the suspension of trading in its shares on AIM due to financial uncertainty and the failure to secure a viable financial solution in a timely manner. Despite ongoing discussions with Rosenblatt Law Limited and other parties, the company has been unable to reach an agreement that ensures sufficient cash flow for its operations, leading to protective measures for creditors and stakeholders.
More about RBG Holdings Plc
RBG Holdings Plc is a legal services group that operates primarily in the legal sector. It focuses on providing legal advice and services, and has been in discussions to strengthen its financial position, including the potential sale of its ‘Rosenblatt’ branded business.
YTD Price Performance: -68.77%
Average Trading Volume: 925,184
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £1.15M
For a thorough assessment of RBGP stock, go to TipRanks’ Stock Analysis page.