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BRIEF-Quindell says resources sufficient to deliver management's current plans
December 8, 2014 / 7:18 AM / 3 years ago

BRIEF-Quindell says resources sufficient to deliver management's current plans

Dec 8 (Reuters) - Quindell Plc :

* Believe that recent changes to board mark a natural point at which to take stock of group’s position

* As set out below, PwC is being engaged to conduct an independent review

* Board is satisfied with overall trading performance of group throughout a period in which a number of distractions have been encountered

* Business remains robust in both of its divisions

* Taking into account group’s cash reserves and continued access to its three credit facilities, that group’s resources are sufficient to deliver on management’s current plans. Source text for Eikon: Further company coverage:

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