Last checked at 6 Jul 2010 07:00
Gresham Computing plc ("Gresham" or the "Company")
6 July 2010
Trading update
Gresham, the specialist provider of real-time financial solutions, provides the following trading update and timeline for its half-yearly report announcement.
The Company is pleased to report that the improvement in trading reported for the first quarter of 2010, as announced in the Interim Management Statement dated 28 April 2010, continued through the second quarter to the half year. As a result, trading remained ahead of management's expectations. We anticipate reporting a cash balance at 30 June 2010 of approximately £1.9m (£0.7m at 31 December 2009).
The Company also expects to issue its half-yearly report in early August.
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For further information please contact:
| Gresham Computing plc | +44 (0) 20 7653 0200 |
| Chris Errington, interim CEO |
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| Singer Capital Markets Ltd Shaun Dobson, Partner and Joint Head of Corporate Finance | +44 (0) 20 3205 7500 |
| James Maxwell, Director of Corporate Finance |
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