THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF REGULATION 11 OF THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS 2019/310.
20 January 2021
Ridgecrest plc
("Ridgecrest" or the "Company")
Update on Australian liquidations
Ridgecrest announces that it has today been notified by the liquidator of its dormant Australian subsidiaries in Sydney and Melbourne (the "Australian Subsidiaries") that both liquidations are now being finalised.
The board of the Company took the decision in 2018 to cease trading in Australia and the Australian Subsidiaries were put into two separate liquidation processes at that time. Further details of the liquidations are set out in the Company's announcement of the disposal of its operating businesses to Sanderson Group on 9 December 2020.
Enquiries:
| Ridgecrest plc | www.ridgecrestplc.com |
| Robert Thesiger, Chairman | 07714 502807
|
| Allenby Capital Limited (Nominated Adviser and Joint Broker) | 020 3328 5656 |
| Nick Naylor / Liz Kirchner (Corporate Finance)
|
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| Peterhouse Capital Limited (Joint Broker) | 020 7469 0930 |
| Lucy Williams / Duncan Vasey |
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