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Vast Resources PLC (VAST)
ORD 0.1PThis share can be held in a Dealing accountStocks and shares ISALifetime ISAJISASIPPand can be used with Dividend reinvestment
IN BRIEF: Vast Resources says no new issues in Romania hearing
Vast Resources PLC - London-based miner in Romania, Tajikistan and Zimbabwe - Says a court hearing on the voluntary reorganisation of Vasta Baita Plai SA, the operator of the Baita Plai mine in Romania, took place without any new issues being raised. In June 2024, the company said the reorganisation gives BPSA the opportunity to dismiss, without significant cost, those employees who have been "abusing the system", after a dispute with the unions and certain members of the workforce in Romania. Says the court took note, approved the report and set a new hearing for continuing the observation period of September 25.
Current stock price: 0.26 pence, down 7.3% on Friday afternoon
12-month change: down 33%
By Michael Hennessey, Alliance News reporter
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