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Patisserie Valerie shares face suspension over ‘£20m accounting hole’
The owner of sweet treats maker Patisserie Valerie could have its shares suspended tomorrow after a discovering of a multimillion-pound hole in its accounts.
Sky News reported that the discovery of the irregularity is likely to lead to shares being suspended on Wednesday morning at Patisserie Holdings and possibly the temporary suspension of finance director Chris Marsh while the company is investigated over the incident.
The hole in the accounts reportedly amounts to £20m.
Sky News quoted an industry source as saying there was no suggestion Marsh had been accused of any wrongdoing.
Patisserie Holdings has been approached for comment.