Interim Management Statement

RNS Number : 7885V

Highway Capital PLC

16 July 2009

 



Highway Capital plc (the 'Company')

Interim Management Statement

In accordance with the UK Listing Authority's Disclosure and Transparency Rules, the Company issues its Interim Management Statement in respect of the period from 1 March 2009 to 30 June 2009.

The Company remains a 'cash shell' and the Board continues to identify and evaluate target companies as it seeks opportunities to maximize the value of the Company. In the meantime, the Company continues to keep expenditure to a minimum in order to preserve its cash resources. The Company had cash at bank and in hand of approximately £387,000 at 30 June 2009.

No material events or transactions took place during the period from 1 March 2009 to 30 June 2009 which had an impact on the financial position or performance of the Company.

On 9 July 2009 the Board announced the appointment of Mr Andrew Perloff as a non-executive director of the Company. 

16 July 2009

 

END

 

 

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