IMPORTANT ANNOUNCEMENT

The Directors have to advise you that the General Meeting held yesterday in London, to seek approval for the sale of the shareholdings in its two subsidiaries, was adjourned before the vote or a poll was taken.
On advice, following a Board Meeting of OspreyFrank plc, the Company has ceased trading with immediate effect and the Directors are to petition the Court to place the Company into liquidation due to its insolvency.
The General Meeting scheduled for Thursday 11 June has been cancelled.
The day to day operation of the two trading subsidiaries is unaffected by this decision.

distributed by