Interim Management Statement

RNS Number : 6480V

Highway Capital PLC

17 January 2012

 



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 October 2011 to 31 December 2011.

The Company remains a "cash shell". During 2011 the two major shareholdings changed hands and one of these new major shareholders, Mr M Szytko, joined the Board. The Board continues to identify and evaluate target companies and Shareholders will be informed of any developments. 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 £149,000 at 31 December 2011.

No material events or transactions took place during the period from 1 October 2011 to 31 December 2011 which had an impact on the financial position or performance of the Company.

17 January 2012

 

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