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Woolworths Group PLC (WLW)

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Tuesday 27 January, 2009

Woolworths Group PLC

Woolworths Group PLC Administ

RNS Number : 3102M
Woolworths Group PLC
27 January 2009
 



27 January 2009


Woolworths Group PLC - Administration Order


Woolworths Group plc (the 'Company') announces that the High Court has today granted an application that an order of administration be made in respect of the Company.


As announced on 27 November 2008, the termination of the Company's discussions for the sale of its retail business led to the administration of its two major subsidiaries, Woolworths plc and Entertainment UK Ltd. Accordingly, Neville Kahn, Daniel Butters and Nicholas Dargan (the 'Joint Administrators') were appointed as Joint Administrators to both companies on that date.


With the order made this morning in the High Court by Mr Justice Patton, the Joint Administrators are now also appointed as administrators to the Company.



For further information contact:


Susanna Voyle, Tulchan Communications     020 7353 4200


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