CBOX Cake Box Holdings Plc

 

TIDMCBOX 
 
RNS Number : 8360V 
Cashbox PLC 
09 November 2010 
 

                                  Cashbox plc 
                          ("Cashbox" or the "Company") 
 
                            Statement re suspension 
 
On 26 October 2010, Cashbox was informed that legal title to the GBP1.8 million 
loan note ("Loan Note") which was issued on 19 September 2008 and arose out of 
the settlement of litigation announced on 23 October 2007 had been transferred 
to YourCash Limited (formerly Hanco ATM Systems Limited) ("YourCash"). 
 
On 8 November 2010, YourCash claimed immediate repayment of the entire principal 
and accrued interest due under the Loan Note, having concluded that Cashbox was 
in breach of certain provisions of the Loan Note. 
 
Whilst the directors of Cashbox are considering the next steps to take in 
connection with this claim, trading of the Company's ordinary shares on AIM has 
been suspended. 
 
Further announcements will be made in due course as appropriate. 
 
 
ENDS 
For further information: 
+-------------------------------+-------------------------------+ 
| Cashbox plc                   |                               | 
+-------------------------------+-------------------------------+ 
| Ciaran Morton, Chief          |     Tel: +44 (0) 1256 441 000 | 
| Executive                     |                               | 
+-------------------------------+-------------------------------+ 
|                               |          www.cashboxplc.co.uk | 
+-------------------------------+-------------------------------+ 
| Seymour Pierce Limited        |                               | 
+-------------------------------+-------------------------------+ 
| Jonathan Wright               |     Tel: +44 (0) 207 107 8000 | 
+-------------------------------+-------------------------------+ 
|                               |         www.seymourpierce.com | 
+-------------------------------+-------------------------------+ 
| Fairfax I.S. PLC              |                               | 
+-------------------------------+-------------------------------+ 
| Ewan Leggat                   |     Tel: +44 (0) 207 598 5368 | 
+-------------------------------+-------------------------------+ 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 SRSLVLLBBFFXFBF 
 

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