Stock Market News
Prices
Which 3 Stocks Would Warren Buffett Buy?Archial appoints administrator
22-09-2010 16:32
| Add To Google +1 | Tweet |
AIM-quoted Architect Archial has appointed PwC as administrator after the HMRC filed winding up petitions against the company and some of its subsidiaries.
Archial has been in talks with the HMRC about its tax position for a number of weeks. Yesterday, Archial tried to persuade the HMRC to withdraw the winding up petitions but it was not interested in the payment terms offered.
PwC's plan is to sell the business as a going concern as quickly as possible so it can maximise the return for creditors.
Shares in Archial were suspended at 1.5p each on 17 September.
Numis has resigned as nominated adviser and broker. The AIM quotation will be cancelled on 22 October. Archial, then known as SMC Group, joined AIM in June 2005.
Archial has been in talks with the HMRC about its tax position for a number of weeks. Yesterday, Archial tried to persuade the HMRC to withdraw the winding up petitions but it was not interested in the payment terms offered.
PwC's plan is to sell the business as a going concern as quickly as possible so it can maximise the return for creditors.
Shares in Archial were suspended at 1.5p each on 17 September.
Numis has resigned as nominated adviser and broker. The AIM quotation will be cancelled on 22 October. Archial, then known as SMC Group, joined AIM in June 2005.
| Related share prices |
|---|
| Archial Group (ARL) share price |
Stock News is provided by Digital Look Corporate Solutions from Sharecast news. Please read the terms and conditions of useage of this data. Republication or redistribution of content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Digital Look Ltd.
Get a free widget for your website with our latest headlines.
You can now add our live prices and new headlines to your website.The news widget features quotes for Oil prices, spot Gold price and Indices plus a choice of news channel for healines.
| Enter share symbol |
| Search share prices A to Z |
Top Shares pages
- Share price quotes
- Share charts
- Share watch list
- Company Results Calendar
- UK 100 Shares
- Stock market news
- Company news
- Share tips
- A-Z company search
More share features
POPULAR Share Prices
- Lloyds share price
- HSBC share price
- Barclays share price
- Prudential share price
- Diageo share price
- BP share price
- Vodafone share price
- British Airways share price
- Centrica share price
- Tesco share price
- National Grid share price
- RBS share price
- GSK share price
- Marks and Spencer
- Rolls Royce share price
- Banco Santander price
- Rio Tinto share price
- Amec Share price
- Corac share price
- Lookers share price
- Telecom plus share price
- Kier share price
- Punch taverns price
- Blinkx share price
- Tan share price
- Yell share price
- Rsa share price
- Pendragon share price
- Logica share price
- Bat share price
- Sky share price
- Kingfisher share price
- Dragon Oil share price
- Desire Petroleum share price
- RRL share price
- BPC share price
- VOG share price
- SAR share price