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Pre Close Update

7 Feb 2014 07:00

RNS Number : 5194Z
Work Group plc
07 February 2014
 



7 February 2014

 

 

WORK GROUP PLC

(the "Company")

 

Pre Close Update

 

Work Group plc (LSE - AIM: "WORK") announces, ahead of its close period in relation to the Company's financial results for the year ended 31 December 2013, that at 31 December 2013 net cash was £1.3m and that the Company continued to have no debt. During the period, and following a strategic review, the Company disposed of Armstrong Craven allowing resources to be focused on the remaining Work businesses, and significantly reducing the Company's cost base.

The Company has recently appointed BDO LLP as auditors, and will announce its preliminary results for the year ended 31 December 2013 before the end of April 2014.

 

 

Further enquiries:

 

Work Group

Simon Howard, Executive Chairman

Tel: +44 (0)20 7492 0000

 

 

Sanlam Securities UK Limited (Nominated Adviser and Broker)

Simon Clements

Catherine Miles

Tel: +44 (0)20 7628 2200

 

 

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