TIDMALY

RNS Number : 4341L

Ashley (Laura) Hldgs PLC

11 January 2016

Laura Ashley Holdings plc ("Laura Ashley" or "the Company")

Laura Ashley Australia

The Company has been made aware that its license partner in Australia has been placed into voluntary administration. Laura Ashley has an exposure of circa. GBP1.2 million and is continuing its discussions with the administrator regarding the future of the Australian operations.

There is no effect on the rest of the Laura Ashley business.

Enquiries:

 
 
Laura Ashley Holdings plc 
 Kwan Cheong Ng (CEO) 
 Seán Anglim (CFO / Joint 
 COO)                              020 7880 5100 
Brunswick 
 Anita Scott 
 Helen Smith                       020 7404 5959 
 
 
  Cantor Fitzgerald Europe 
  Marc Milmo 
  Catherine Leftley                020 7894 7000

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCAKDDBKBKDBDD

(END) Dow Jones Newswires

January 11, 2016 05:23 ET (10:23 GMT)

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