The Petition relates to sums due to HM Revenue & Customs of approximately £1.14 million with a hearing date listed for 31 October 2018. The Petition was advertised in the London Gazette on 5 October 2018. The Company and its advisors are in communication with HMRC with the objective of addressing the petition.
The Company continues to engage with its professional advisers to understand better the financial position of the Group and will make further announcements in due course.