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AGM Statement

11 May 2006 08:02

Biotrace International PLC11 May 2006 This replaces RNS statement 7854C issued at 7am 11 May 2006 For Immediate Release 11 May 2006 BIOTRACE INTERNATIONAL PLC ("Biotrace", "the Company" or "the Group") AGM Statement Biotrace International Plc, a leading manufacturer of industrial microbiologyproducts, will hold its Annual General Meeting today in Bridgend at 10:30am. Mr Terry Clements, Chairman of Biotrace will read the following statement withregard to current trading to those present at the meeting. "Good progress was made in 2005 as the Group continued to consolidate itsposition as a leading company in the industrial microbiology market. We havemade a positive start to 2006 with the contribution of MicroSafe, which wasacquired in September last year, adding significantly to the Group revenues.Although it is early in the year we are also encouraged by the progress made ingrowing our underlying sales. Other major initiatives announced in the firstquarter of 2006 included the disposal of Ruskinn Life Sciences and the sale ofthe Group's HQ property in Bridgend. These transactions combined raisedapproximately £1.7 million in cash for the Group and crystallised a gain ofapproximately £0.5 million. At the beginning of 2006 we signed a global agreement with Pall Corporation toexpand sales of air monitoring products to the Pharmaceutical market. Thiscollaboration is proceeding well and is enhancing our presence with the majorpharmaceutical companies and accelerating the sales of Ascotec products. InMarch we acquired the remaining shares of Target Diagnostica srl in Italycompleting our distribution organisation for the Italian market. Separately this morning we have announced that Biotrace has been awarded asignificant new defence contract by NATO's Maintenance and Supply Agency worth£1.2 million, which will add to 2006 revenues. Overall the Company is performing in line with our expectations and we remainconfident about the Group's future prospects." - ENDS - For further information, please contact:Biotrace International PlcIan Johnson, Chief Executive Officer Tel : +44 (0) 1656 641 400 Peter Morgan, Finance Director Buchanan CommunicationsTim Anderson / James Strong Tel: +44 (0)20 7466 5000 Notes to editors: Biotrace International Plc is a leading manufacturer and supplier of industrialmicrobiology products. The Company is organised into three business segments:Food & Environmental, Pharmaceutical, Personal Care & Cosmetics and Defence. TheGroup's proprietary technologies are used by most of the world's leading foodand beverage manufacturers who rely on Biotrace products as an essential part oftheir quality control procedures. Other industrial customers includepharmaceutical and personal care product/cosmetics manufacturers together withenvironmental/industrial process water clients. The Defence segment providessystems and consumables for the rapid detection of biological weapons formilitary and homeland security organisations. Formed in 1988 and floated on the London Stock Exchange in 1993, Biotrace hadtotal revenues of over £29 million in 2005. The Company is headquartered inBridgend, UK with manufacturing and sales operations worldwide. Visit Biotraceat www.biotrace.com This information is provided by RNS The company news service from the London Stock Exchange
Date   Source Headline
18th Sep 20074:46 pmRNSTransfer of Business Approved
18th Sep 20074:37 pmRNSTransfer of Business Approved
31st Aug 20079:00 amRNSCancellation of Lstng of Bnds
8th Aug 20073:30 pmRNSResult of Meeting
3rd Jul 200712:52 pmRNSTotal Voting Rights
29th Jun 200711:41 amRNSIssue of Debt
28th Jun 200710:27 amRNSIssue of Debt
20th Jun 20077:02 amRNSAnnual Report and Accounts
20th Jun 20077:00 amRNSDirectorate Change
19th Jun 200710:15 amRNSDirector/PDMR Shareholding
19th Jun 200710:11 amRNSDirector/PDMR Shareholding
14th Jun 20073:01 pmRNSTransfer of Business
14th Jun 20073:00 pmRNSTransfer of Business
6th Jun 20073:01 pmRNSStatement re Trnsfer of Busin
6th Jun 20073:01 pmRNSTransfer of B&W plc business
31st May 20076:05 pmRNSFinal Results
31st May 20077:02 amRNSPreliminary Results
14th May 20077:00 amRNSDirectorate Change
30th Mar 20075:31 pmRNSTreasury Stock
21st Mar 20077:01 amRNSPre-Close Trading Statement
20th Feb 200712:33 pmRNSMortgage Securitisation
19th Feb 200710:01 amRNSTransfer of businesses to BOI
19th Feb 200710:00 amRNSUK Business Corporate Strctr
9th Feb 200712:55 pmRNSCancellation of Listing
20th Dec 20063:10 pmRNSMerger Update
19th Dec 20063:49 pmRNSHolding(s) in Company
27th Nov 20063:28 pmBUSRule 8.3 - Biotrace cfd
27th Nov 20063:00 pmRNSMerger Update
24th Nov 20067:00 amRNSOffer Update
23rd Nov 200610:25 amRNSHolding(s) in Company
20th Nov 20067:02 amRNSOffer Update
16th Nov 20067:03 amRNSInterim Results
6th Nov 20063:00 pmRNSMerger Update
6th Nov 20067:01 amRNSOffer Update
31st Oct 20062:47 pmBUSRule 8.3 - Biotrace Int'l Plc CFD
31st Oct 200610:18 amRNSEPT Disclosure
26th Oct 200610:50 amRNSEPT Disclosure-Amendment
25th Oct 200610:26 amRNSEPT Disclosure
24th Oct 20064:59 pmBUSRule 8.3 - Biotrace CFD - Amendment
23rd Oct 20065:01 pmBUSRule 8.3 - Biotrace CFD
23rd Oct 20064:11 pmRNSHolding(s) in Company
20th Oct 20065:33 pmBUSRule 8.3 - Biotrace CFD
19th Oct 200610:46 amRNSEPT Disclosure
18th Oct 200610:33 amRNSEPT Disclosure
17th Oct 20063:00 pmRNSPrior Notice of Merger
17th Oct 200611:03 amRNSEPT Disclosure
16th Oct 20065:14 pmRNSHolding(s) in Company
16th Oct 200611:02 amRNSEPT Disclosure
16th Oct 20067:00 amRNSOffer Document Posted
13th Oct 200610:16 amRNSEPT Disclosure

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