AEA Technology Group PLC Interim Management Statement (1914K)
August 17 2012 - 2:00AM
UK Regulatory
TIDMAAT
RNS Number : 1914K
AEA Technology Group PLC
17 August 2012
AEA TECHNOLOGY GROUP PLC ("AEA or "Group")
INTERIM MANAGEMENT STATEMENT
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:
AEA Technology Group plc 0870 190 8137
Dr Paul Golby, Chairman
John Lowry, Interim CEO
Kevin Higginson, CFO
IR Focus
Neville Harris Neville.Harris@irfocus.co.uk
Important Information
Statements 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.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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