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ALY notes licence parter in voluntary administration

11 January 2016 10:27

Laura Ashley Holdings said it has been made aware that its license partner in Australia has been placed into voluntary administration.

Laura Ashley has an exposure of about GBP1.2m and is continuing its discussions with the administrator regarding the future of the Australian operations.

There is no effect on the rest of the Laura Ashley business.

At 10:27am: (LON:ALY) Ashley Laura Holdings PLC share price was -1.12p at 25.63p

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