Johnston Press PLC Statement re Share Price Movement (9055V)
July 26 2018 - 7:53AM
UK Regulatory
TIDMJPR
RNS Number : 9055V
Johnston Press PLC
26 July 2018
26 July 2018
JOHNSTON PRESS PLC
Statement re Share Price Movement and Press Commentary
The Board of Directors of Johnston Press plc ("Johnston Press"
or the "Company") notes the rise in the Company's share price today
and confirms that it knows of no operational or corporate or other
reason for the price movement.
The Company continues to explore a number of strategic options
for the restructuring or refinancing of its bonds and confirms that
no agreement on these potential options has been reached. The
Company received a letter from Custos Group AS on Friday 20 July,
and notes the press commentary on this over recent days. The
Company confirms that it is not in receipt of any plan or proposal
from any party for a refinancing or restructuring of its debt.
Further announcements will be made as appropriate. As stated
previously, any proposal that results from these discussions will
remain subject to negotiation and consent of relevant stakeholders,
and there can be no certainty that a formal proposal will be
forthcoming.
For further information please contact:
Powerscourt
Peter Ogden
020 7250 1446
Forward-looking statements
The announcement contains forward looking statements. Although
the Group believes that the expectation reflected in these forward-
looking statements are reasonable, it can give no assurance that
the expectations will prove to have been correct. Due to the
inherent uncertainties, including both economic and business risk
factors underlying such forward looking information, actual results
may differ materially from those expressed or implied by these
forward looking statements. The Group undertakes no obligation to
update any forward-looking statements, whether as a result of new
information, future events, or otherwise.
Legal Entity Identifier: 213800JFIBCR4LGUA242
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END
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