ffy2 Jan 2007 10:41
Total Produce Plc
02 January 2007
Total Produce Plc admitted to trading on IEX and AIM
2 January 2007
Total Produce Plc is pleased to announce that it has been admitted to trading
and that dealing in its ordinary shares will commence today on the IEX market of
the Irish Stock Exchange and the AIM market of the London Stock Exchange.
Commenting on the admission, Carl McCann, executive chairman of Total Produce
said:
'We are very pleased at today's launch of Total Produce on the IEX and AIM
markets. The Group is one of the leading fresh produce distributors in Europe
and has a strong and experienced management team. Our ambition is to enhance
shareholder value through a combination of organic growth and by continuing to
pursue acquisitions of companies in the General Produce and Distribution
Sector.'
About Total Produce
Total Produce is one of the leading operators within the European General
Produce and Distribution Sector. Its operations are comprised of the General
Produce and Distribution Business which was demerged from Fyffes plc on 30
December 2006. This business recorded turnover of €1.7bn and operating profits
of €32m in the year ended 31 December 2005, up from a turnover of €1.5bn and
operating profits of €30m in the prior year.