Statement – Ambivent Limited

Further to reports published on 5 May 2023, we wish to clarify the current position of Ambivent Limited and the Ambivent Group of businesses.

While a Notice of Intention to Appoint an Administrator was filed by Ambivent Limited on Thursday 4 May 2023, an Administrator is yet to be appointed. It is important to clarify that the potential appointment of an Administrator is for Ambivent Limited only. It does not affect the other companies in Ambivent Group, including Ambivent Facilities Management Limited, which remain profitable businesses.

Ambivent Limited’s Board of Directors are currently working with the proposed administrators to explore the options available for the business, including seeking a buyer for the company. This search is being handled by Eddisons Commercial Limited, who will publish an advertisement today (Tuesday 9 May 2023).

Further information on the future of Ambivent Limited will be provided in due course.