LONDON, Feb 15 (Reuters) - Cosalt PLC:
* Requested RBS and HSBC Bank to appoint administrators to the company
* Have been unable to identify any alternative source of funding
* Administrators will seek to sell the company's assets, including the shares
in Cosalt Offshore and Cosalt Workwear
* No employees,customers or suppliers to be materially affected and trading
units should continue to trade as usual
* Source text
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