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PFI Group’s disastrous acquisition spree under CEO Darren McMurray has now culminated in the filing of a Notice of Intention to Appoint Administrators against Works Manchester.
The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: ---------- Wentworth Resources PLC - Tanzania-focused natural gas...
Software Circle PLC on Monday reported an increased loss as costs increased faster than revenue, but highlighted exclusive talks with acquisition targets. Manchester-based printing and software...
Software Circle has written off a further £1.42m because of PFI Group’s failure to meet the terms of its £3.17m purchase of Works Manchester.
Workers at PFI Group subsidiary Signmaster have at last gained some clarity and have been told the business is going to administration.