As previously announced on 26 October 2018, the Board was considering a number of remedial actions including raising additional funding through an equity capital raising in order to address the key issues it had identified with the Company. Since then, the Board has been in discussions with existing investors and prospective investors. Unfortunately these discussions have not been successful in raising sufficient capital to address those key issues.

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Crawshaw Group plc published this content on 31 October 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 31 October 2018 07:37:04 UTC