AEA Technology continues to have the support of Lloyds TSB

published 30 October 2012

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".