Wednesday, October 03, 2007

Carter & Carter suspends its shares



Carter & Carter, the UK’s largest automotive training provider, has suspended its shares because of uncertainty over its financial position.
Following news of the suspension, John Green, group finance director, resigned from the board with immediate effect. A successor is now being sought.


The company has been in discussions with banks since issuing two profit warnings over the summer and speculation is mounting the training group may be forced into a sale.

DATED: 03.10.07

FEED: MT





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