Tex Holdings PLC

Statement re Company Listing and Trading Update

RNS Number : 3554A
Tex Holdings PLC
20 January 2020
 

This announcement contains inside information for the purposes of Article 7 of Regulation 596/2014 ("MAR").  Upon the publication of this announcement via a regulatory information service, this information is now considered to be in the public domain.

Tex Holdings plc ('the Group' or 'the Company') makes this announcement in order to update on the status of its application for restoring the Company's listing and a brief trading update.

The Company applied for the restoration of its listing in early December 2019 and is currently responding to matters raised by the FCA.

Following the approval of the loan transaction by the Company's shareholders in October 2019, funds have been drawn down and as set out in the circular dated 13 September 2019 the Company has repaid its overdraft.

The Board is pleased to confirm that a record order book has been maintained. This should provide a foundation to achieve the anticipated 2020 revenue.

 

Enquiries:  C.A. Parker, Company Secretary

01473-830144

20 January 2020

 


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