Energy and sustainability consultancy, AEA Technology, has told investors that Lloyds TSB Bank 'remains supportive' of the company as it considers all the strategic options available to it.
The company previously announced that it had entered into a facility agreement with Lloyds TSB for additional short term funding of £5.0m on a secured basis through to the end of October.
It also said that it is continuing with the "on-going and constructive discussions with a number of interested parties", and reiterated that it believes such strategic options would result in "little or no value for shareholders".
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
NR
-
How taking a two-year career break could leave a £26k hole in your pensionCareer breaks are increasingly common but it is important to take steps to protect your pension, as gaps compound over time
-
Cash in on your attic: Thousands could be sitting dormant in your storageSelling your valuables at auction could be far more lucrative than you think. We take a look at how auctions work, and some tips to help you maximise your profits
