Regulatory Story
Company | |
TIDM | AAT |
Headline | Interim Management Statement |
Released | 07:00 17-Aug-2012 |
Number | 1914K07 |
RNS Number: 1914K
AEA Technology Group PLC
17 August 2012
The Board of AEA Technology Group plc, today announces its Interim Management Statement for the period 1 April 2012 to date in accordance with the FSA's Disclosure and Transparency Directive ruling under DTR 4.3.
Trading in the period remains in line with the Board's
expectations.
As we said in our recent annual results statement, trading
conditions remain challenging. Nevertheless, good progress is
being made in the implementation of the business plan.
On 6 August we announced that we had secured additional short
term funding to allow the Board to continue to consider all
strategic options to realise value. We continue to have
ongoing discussions with a number of interested parties. The
Board will provide further updates in due course.
As previously announced the Board does not envisage there
will be offers for the share capital of the Company and the
Board remains of the view that such options will result in
little or no value for Shareholders.
For further information:
Dr Paul Golby, Chairman John Lowry, Interim CEO Kevin Higginson, CFO
IR FocusNeville Harris Neville.Harris@irfocus.co.uk
Important InformationStatements contained in this Interim Management Report are based on the knowledge and information available to the Company's directors at the date it was prepared and therefore the facts stated and views expressed may change after that date. By their nature, the statements concerning the risks and uncertainties facing the Company in this Interim Management Report involve uncertainty since future events and circumstances can cause results and developments to differ materially from those anticipated. To the extent that this Interim Management Report contains any statement dealing with any time after the date of its preparation such statement is merely predictive and speculative as it relates to events
and circumstances which are yet to occur. The Company undertakes no obligation to update these forward looking statements.
END
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