Music Festivals calls in administrators

Tom Pakinkis

The Music Festivals PLC board has resolved to call in administrators after suspending shares from trading yesterday.

In a statement further to the suspension yesterday, the the Hop Farm and Benicassim company said:

“The Board of Music Festivals announces that further to the announcement made on 21 September 2012 the Company has today resolved to appoint an administrator and once that appointment has been agreed a further announcement will be made in due course.”

The group announced that it was ...

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