Q1 Update and Result of EGM

RNS Number : 1956A

Managed Support Services PLC

30 July 2008

 



FOR IMMEDIATE RELEASE                                                                                                        30 July 2008

Managed Support Services plc

RESULT OF EXTRAORDINARY GENERAL MEETING ('EGM')

Managed Support Services plc confirms that the Resolutions proposed at the two Extraordinary General Meetings held today were duly passed. 

The Chairman also made the following statement:

'The first quarter's trading has been satisfactorily profitable, as previously anticipated. In addition, the Board can confirm that current trading and the outlook for the first half are in line with management's expectations.  

Group net cash balances as at 17 June 2008 were £5.2 million. The Board currently expects a modest improvement in net cash balances as at the end of the first half's trading to 30 September 2008'. 

FOR FURTHER INFORMATION, PLEASE CONTACT:

Managed Support Services plc:
Simon Beart, Chief Executive	07710 444370
Piers Wilson, Group Finance Director	01483 735703
Cenkos Securities plc:
Nick Wells	020 7397 8900
Stephen Keys
Buchanan Communications:
Nicola Cronk	020 7466 5000
Susanna Gale

 

END

 

 

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