Message from My Travel: MyTravel Group plc is pleased that the High Court has now given directions for the meetings required…
Message from My Travel: MyTravel Group plc is pleased that the High Court has now given directions for the meetings required to implement the company`s scheme of arrangement. They will take place on 13 December 2004. This will allow the company to complete the restructuring in accordance with its plans.
The Board believes this is an important milestone in the restructuring process and the way is now clear for the restructuring to complete by the end of the year.
In the event that there is an appeal against the court`s decision, the company will proceed with the scheme process while the appeal process takes its course.
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