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First Great Western Installations

16 Feb 2011 14:42

RNS Number : 3559B
RAM Investment Group PLC
16 February 2011
 

FOR IMMEDIATE RELEASE 16 February 2011

 

Ram Investment Group plc

 

("RAM" or the "Company")

 

 

Trading update: First Great Western Installations

 

Further to the announcement of 26 October 2010, the Board of RAM announces that due to a variety of reasons, it has been agreed that the delivery period of the systems to First Great Western has been extended into 2011. The Company had originally hoped to install all 57 trains before the end of 2010. This will also have an effect on the revenue recognition between 2010 and 2011 for this contract.

 

For further information:

 

RAM Investment Group plc

www.raminvestmentgroup.co.uk

Tim Baldwin, Executive Chairman

Tel: 0207 518 4300

Sandy Jamieson

Libertas Capital Corporate Finance Limited

Tel: 0207 569 9650

Rivington Street Corporate Finance Limited

Tel: 0207 562 3389

 

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