Premier Direct suspended on financial worries
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Shares in shopping-at-work firm Premier Direct have been suspended with immediate effect pending clarification of its financial position.
The group requested its shares be halted after a review by directors concluded that additional financial support is required for the business to continue trading.
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"The company is initiating urgent discussions with its lenders but shareholders should note that there can be no guarantee that the results of these discussions will lead to a favourable outcome for the company," it said.
It added that a further announcement will be made as soon as possible.
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