{"id":21512,"date":"2010-01-21T15:32:00","date_gmt":"2010-01-21T15:32:00","guid":{"rendered":"http:\/\/amateurphotographer.co.uk\/uncategorized\/jessops-plc-liquidation-gets-green-light-21512"},"modified":"2014-09-02T16:45:29","modified_gmt":"2014-09-02T15:45:29","slug":"jessops-plc-liquidation-gets-green-light","status":"publish","type":"post","link":"https:\/\/other.kelsey.host\/amateurphotographer\/latest\/photo-news\/jessops-plc-liquidation-gets-green-light\/","title":{"rendered":"Jessops plc liquidation gets green light"},"content":{"rendered":"

Jessops shareholders have today voted for the company to be voluntarily wound up, meaning that it will be de-listed from the London Stock Exchange tomorrow at 8am.<\/strong><\/p>\n

A statement released by Jessops this afternoon confirmed that the voluntary liquidation will go ahead after shareholders voted for the move at an Extraordinary General Meeting. <\/p>\n

In September, Jessops’ main operating company was sold to a new firm called Snap Equity Ltd, 47% of which is owned by HSBC bank. <\/p>\n

Trading in Jessops shares were suspended at 7.30am on 20 January. <\/p>\n

Last week Jessops moved to reassure customers<\/a> that the voluntary liquidation was a formality and would not affect high street shops.<\/p>\n

The financial restructure aimed to save 2,000 jobs.<\/p>\n

It also meant that HSBC forgave \u00a334m of the \u00a357m debt owed by Jessops. <\/p>\n

As part of the restructuring deal, Jessops had said that \u00a3100,000 will be made available for distribution to Jessops shareholders. <\/p>\n

Jessops floated on the stock market in 2004 and continued on an expansion path that increased its store portfolio to more than 300 before it was forced to close many branches and shed staff.<\/p>\n

OTHER JESSOPS ARTICLES<\/p>\n

READ LATEST INTERVIEW WITH JESSOPS CHAIRMAN HERE<\/a><\/p>\n

Jessops in bank rescue deal<\/a><\/p>\n

Jessops fury over BBC Radio outburst<\/a><\/p>\n

Jessops hires Coffee Republic man<\/a><\/p>\n

Former Jessops boss in radio outburst<\/a><\/p>\n

Jessops drops all Pentax cameras<\/a><\/p>\n

Jessops share price plunge 27 May 2009<\/a><\/p>\n

Jessops in frame for ID card scheme<\/a><\/p>\n

Jessops revamps flagship store<\/a><\/p>\n

Jessops’ rent bill pledge<\/a><\/p>\n

Jessops store closure list<\/a><\/p>\n

Jessops to shut down 17 stores<\/a><\/p>\n

Interview with chairman<\/a>History of Jessops<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Jessops shareholders have today voted for the company to be voluntarily wound up, meaning that it will be de-listed from the London Stock Exchange tomorrow at 8am.<\/p>\n","protected":false},"author":324,"featured_media":21513,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[39],"tags":[],"product-category":[],"class_list":["post-21512","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-photo-news"],"yoast_head":"\nJessops plc liquidation gets green light - Amateur Photographer<\/title>\n<meta name=\"description\" content=\"Jessops shareholders have today voted for the company to be voluntarily wound up, meaning that it will be de-listed from the London Stock Exchange tomorrow at 8am.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/other.kelsey.host\/amateurphotographer\/latest\/photo-news\/jessops-plc-liquidation-gets-green-light\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Jessops plc liquidation gets green light\" \/>\n<meta property=\"og:description\" content=\"Jessops shareholders have today voted for the company to be voluntarily wound up, meaning that it will be de-listed from the London Stock Exchange tomorrow at 8am.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/other.kelsey.host\/amateurphotographer\/latest\/photo-news\/jessops-plc-liquidation-gets-green-light\/\" \/>\n<meta property=\"og:site_name\" content=\"Amateur Photographer\" \/>\n<meta property=\"article:publisher\" content=\"http:\/\/www.facebook.com\/Amateur.photographer.magazine\" \/>\n<meta property=\"article:published_time\" content=\"2010-01-21T15:32:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2014-09-02T15:45:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/other.kelsey.host\/amateurphotographer\/wp-content\/uploads\/sites\/16\/2010\/01\/jessopslow.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"480\" \/>\n\t<meta property=\"og:image:height\" content=\"339\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Megan Graye\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@AP_Magazine\" \/>\n<meta name=\"twitter:site\" content=\"@AP_Magazine\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Megan Graye\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/other.kelsey.host\/amateurphotographer\/latest\/photo-news\/jessops-plc-liquidation-gets-green-light\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/other.kelsey.host\/amateurphotographer\/latest\/photo-news\/jessops-plc-liquidation-gets-green-light\/\"},\"author\":{\"name\":\"Megan Graye\",\"@id\":\"https:\/\/other.kelsey.host\/amateurphotographer\/#\/schema\/person\/09a37c0ec6db00d983eb2045e99ff2f1\"},\"headline\":\"Jessops plc liquidation gets green light\",\"datePublished\":\"2010-01-21T15:32:00+00:00\",\"dateModified\":\"2014-09-02T15:45:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/other.kelsey.host\/amateurphotographer\/latest\/photo-news\/jessops-plc-liquidation-gets-green-light\/\"},\"wordCount\":257,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/other.kelsey.host\/amateurphotographer\/latest\/photo-news\/jessops-plc-liquidation-gets-green-light\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/other.kelsey.host\/amateurphotographer\/wp-content\/uploads\/sites\/16\/2010\/01\/jessopslow.jpg\",\"articleSection\":[\"Latest news\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/other.kelsey.host\/amateurphotographer\/latest\/photo-news\/jessops-plc-liquidation-gets-green-light\/\",\"url\":\"https:\/\/other.kelsey.host\/amateurphotographer\/latest\/photo-news\/jessops-plc-liquidation-gets-green-light\/\",\"name\":\"Jessops plc liquidation gets green light - 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