Update on Fundraising
25 Marzo 2003 - 5:15AM
UK Regulatory
RNS Number:1590J
DCS Group PLC
25 March 2003
25 March 2003
DCS GROUP PLC ("DCS" OR "THE GROUP")
UPDATE ON FUNDRAISING
The Board of DCS announces that, in light of current market conditions, it has
decided not to proceed with the planned fundraising announced on 21 February
2003.
Offer discussions with BSOFTB plc have also ceased.
DCS' principal lenders, Barclays Bank plc, remain supportive of the Group and
the Group is in discussions with Barclays concerning the level and the terms of
ongoing facilities.
Enquiries:
DCS Group plc Tel: 020 7920 6285
Stephen Yapp, Chief Executive
Colin Campbell, Finance Director
Citigate Dewe Rogerson Tel: 020 7282 2945
Ginny Pulbrook
This information is provided by RNS
The company news service from the London Stock Exchange
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