14 Jan 2011 16:23
Highway Capital plc (the "Company")
Interim Management Statement
In accordance with the UK Listing Authority's Disclosure and Transparency Rules, the Company issues its Interim Management Statement in respect of the period from 1 October 2010 to 31 December 2010.
The Company remains a "cash shell". The Board continues to identify and evaluate target companies and has entered into early stage discussions with a potential target. Shareholders will be informed of any developments. In the meantime, the Company continues to keep expenditure to a minimum in order to preserve its cash resources. The Company had cash at bank and in hand of approximately £248,000 at 31 December 2010.
No material events or transactions took place during the period from 1 October 2010 to 31 December 2010 which had an impact on the financial position or performance of the Company.
14 January 2011
Highway Capital (HWC)