Eurotunnel shares suspended as filing deadline is missed

Shares in Eurotunnel, the operator of the channel tunnel and Eurostar, have
been suspended after the beleaguered company missed the deadline for filing its
annual accounts.

The business, which is jointly owned by UK holding company Eurotunnel plc and
French equivalent Eurotunnel SA, has been in the midst of a desperate
restructuring. The company is deep in debt, despite a 1% growth in revenues to
£541m, and has been in frantic negotiations with its creditors to keep afloat.

A Eurotunnel spokesman said the company’s board was in the process of
conducting a review of the business and would not consider the accounts until
the review was completed in the middle of May.

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