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UK — Hexagon publishes update on banking facilities and tax dues

05 February 2010

Hexagon Human Capital Plc. has published an update on banking facilities and tax liability to Her Majesty's Revenue and Customs (HMRC). The company says in a statement:

"Further to the announcements made on 2 and 24 December 2009, which outlined the Company's outstanding liabilities to HMRC, the Company confirms that discussions remain ongoing with HMRC with a view to agreeing a revised payment schedule."


The Company also announces that it remains in discussions with Barclays Bank with a view to agreeing facilities appropriate for Hexagon's ongoing requirements and to repay the Company's current bank indebtedness.

The statement says further "the Directors are currently reviewing all restructuring options that are available to the Hexagon Group."

 

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