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AGM Statement

13 Dec 2013 11:30

RNS Number : 4869V
Gleeson(M J)Group PLC
13 December 2013
 



Gleeson (MJ) Group PLC

(GLE.L)

 

AGM Statement

 

At the Annual General Meeting of M J Gleeson Group plc (GLE.L), the urban regeneration and strategic land specialist, convened for 11:30 am today in London, the Chairman, Dermot Gleeson, will state:

"As regards our trading prospects, I have only a little to add to our recent Interim Management Statement. In the short period since that Statement was published on 19 November 2013, the level of reservations and sales achieved by Gleeson Homes has remained extremely satisfactory; and Gleeson Strategic Land has completed the sale of another green field site with residential planning consent.

In addition, as announced on 6 December 2013, the Group has reached agreement with Lloyds Bank on the terms of a £20 million, three year, revolving credit facility.

Against this background, the Board remains confident that the Group will be able to achieve further growth in revenue and profit in the current year and beyond."

 

13 December 2013

Enquiries:

College Hill

Tel: +44 20 7457 2020

Mark Garraway

Helen Tarbet

N+1 Singer

Shaun Dobson

Tel: +44 20 7496 3000

Jenny Wyllie

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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