Seems it isn't true. From the Ninja Theory forums:
As for moving, we have been planning to move to larger premises for future expansion for the best part of a year. There is nothing bitter about the move.
And the rumour that the team has been disbanded is ridiculous. We have had an unbelievably loyal team especially as we went through some difficult times securing a new publishing deal. We have a new publisher and are busy on our new project which is going very well so far.
HS is far from our thoughts at the moment.
Tameem