YSP Your Space

 

TIDMYSP 
 
RNS Number : 1897Z 
Your Space PLC 
17 September 2009 
 

Your Space plc ("Your Space" or "the Company") 
 
 
Group Restructure 
 
 
Further to the announcement made by the Company on 15 September 2009, Your Space 
announces that it is currently in talks with insolvency practitioners regarding 
the implementation of a Company Voluntary Arrangement ("CVA"), to be proposed to 
the creditors of the Company. A CVA is a formal procedure under Part I of the 
Insolvency Act 1986 that allows a company to agree a composition or arrangement 
with its creditors in satisfaction of some, or all, of its debts. 
 
 
A letter has been sent to creditors informing them of these proposals. 
 
 
A further announcement will be made as soon as the terms of the CVA have been 
finalised. 
 
 
For further information please contact:- 
 
 
Steve Turton, Director, Your Space plc              0151 229 1702 
Sue Lace, Company Secretary, Your Space plc    0151 229 1703 
Richard Hughes / Bobby Fletcher, Zeus Capital     0161 831 1512 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 REPUNVVRKVRKAAR 
 

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