Appointment of Amninistrators

    RNS Number : 9784E
  Hill Station PLC
  02 October 2008
   

    For immediate release                                                                                                  October 2nd 2008


    Hill Station Plc (the 'Company')

    The Board of the Company regrets to announce that having carefully considered the financial position of the Company it has commenced the
necessary steps to appoint administrators to the Company. 
    The Board has continued to vigorously explore the options to address its short and medium term financing requirements and has been in
negotiations with a number of parties and until today the Board was hopeful that funding would be received. 
    It has now become clear that such funding will not be forthcoming and it is with regret that it is necessary for the Company to file for
administration. 
    -ends-

    Enquiries

    Hill Station Plc

    Bill Mapstone, Chairman
    Peter Salter, Company Secretary

    01633 833000


This information is provided by RNS
The company news service from the London Stock Exchange
 
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