LONDON (Thomson Financial) - Renova Energy Plc. said its shares have been
suspended from trading on AIM at the company's request pending clarification of
its financial position.
The company had earlier said it is in ongoing discussions with its lenders
and the creditors of Renova Energy (ID) Llc, the Heyburn project company,
regarding a restructuring of its bank borrowings and other liabilities.
Its shares will remain suspended pending further progress with these
negotiations, Renova Energy said.
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