Henlys moves to calm fears

13 April 2012

BUS maker Henlys moved to calm jitters created last week by its second profits warning in a month.

With rumours circulating the market that Henlys is about to breach banking covenants, the shares fell to an all-time low of 11 1/2p yesterday.

A statement today that its lead bank lenders remain supportive sent the shares up 4p to 21p.

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