The Reply5 Jun 2013 21:32
1. Press releases. We work on new business development constantly, it’s our lifeblood. We have learnt a lesson about not creating false hope for new business, and would prefer to announce commercial delivery of new business, rather than just the deals themselves. Another complicating factor is the confidentiality requirements of our new business partners, many of whom don’t want any details published.
2. DSNS legal case . I expect to give clarity on this in our results announcement.
3. Trading announcement. Sorry, can’t give any form of heads up on announcements.
4. Group structure. We indicated in our last update that we are conducting a strategic review, and that review, when concluded, will provide details of any associated structural changes.
5. Taking company private. It’s really the prerogative of any interested parties to approach the Board if they want to take the company private, and we would be obliged to announce any such approach immediately. I am sorry if the answers appear vague, but I can assure you that the team and I are working incredibly hard to leverage what we still believe to be a unique strategic opportunity with EXPANSYS group.
Thank you for your continued support as an investor.
Kind regards
Anthony Catterson