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(RNS) 2009-10-06 13:15
Relax Group PLC - Temporary Suspension
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RNS Number : 3183A Relax Group PLC 06 October 2009

Relax Group PLC

6 October 2009

Relax Group plc ("Relax Group" or the "Group")

Suspension of Shares

As previously notified, the Group has been seeking further equity funding and has been negotiating with its lenders, however a resolution has yet to be reached. Although the Group is still in negotiations with its lenders, the Group's working capital and cash position remains under significant pressure and therefore the Board has requested that trading in its ordinary shares be suspended with immediate effect, pending the clarification of the financial position of the Company.

Enquiries:


Ken Gaskell/Bernard Asher 020 7898 0512

Relax Group plc


Stephen Keys/Beth McKiernan 020 7397 8900

Cenkos Securities plc

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This information is provided by RNS The company news service from the London Stock Exchange

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