This, I did not expect. The Rights Issue suggests, however, that there may be a re-financing shift underway (ie: away from external customer financing, to internal customer financing).
The Rothschild's appointment, "to undertake a
review of NTG's strategic options and to assist on the rights issue", is also quite interesting, as it implies that NTG will exit from some of its non-core business activities (ie: to realise shareholder value).
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national telecoms group limited
ntg suspended., page-9
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