Market News - Page 720

Patisserie Holdings plc (AIM: CAKE) (“PH”, the “Company” and together with its subsidiary undertakings, the “Group”) announces that the Company, in conjunction with its professional advisers, has during the last twenty-four hours, undertaken further investigation into the financial status of the Company. The Board has now reached the conclusion that there is a material shortfall between the reported financial status and the current financial status of the business.
Without an immediate injection of capital, the Directors are of the view that that is no scope for the business to continue trading in its current form.
As a consequence, the Directors and the Company's professional advisers are assessing all options available to the business to keep it trading and will update the market in due course….

Finance Director
The Company has been made aware that Chris Marsh, who is currently suspended from his role as Company Finance Director, was arrested by the police last night and has been released on bail. Further updates will be released in due course as appropriate….

Patisserie Holdings plc announces that, further to the Company's announcement made earlier today, the board of directors of the Company has today become aware that a winding up petition in respect of Stonebeach Limited was filed at The High Court of Justice, Companies Court on 14 September 2018. Stonebeach is the Company's principal trading subsidiary….

Dunelm Group plc, the UK's leading homewares retailer, reports the following trading update for the first quarter of its current financial year, comprising the 13-week period ended 29 September 2018….

B.P. Marsh & Partners Plc, the specialist venture capital investor in early stage financial services businesses, today announces an update on its Share Buy-Back Policy pursuant to its previous announcement dated 24 July 2018….

Marshall Motor Holdings Plc, one of the UK's leading automotive retail groups, issues the following trading update in response to the introduction of the new Worldwide Harmonised Light Vehicle Test Procedure on 1 September 2018 and the resultant significant impact on the UK new vehicle market during September 2018….

Telford Homes Plc, the London focused residential property developer, is pleased to provide the following update on trading ahead of its interim results for the six months ended 30 September 2018, which will be released on Wednesday, 28 November 2018….

Exchange of shares under Growth Share Plan

Miton Group plc, the AIM quoted fund management company, announces that Gervais Williams, a director, has elected to exercise his rights to exchange 40 FMU B Growth Shares in Miton Group Service Company Ltd (“Growth Shares”) for 3,668,120 ordinary shares of 0.1p each in the Company (“Ordinary Shares”). Following the exchange, Mr Williams holds a total of 17,647,535 Ordinary Shares, representing 9.91% of the Company's issued share capital….