6th Feb 2013 07:00
For Immediate Release 6 February 2013
Redhall Group plc
("Redhall" or "the Group")
AGM Statement
Redhall Group plc, the specialist engineering support services group, will hold its Annual General Meeting ("AGM") today at 12 noon at the office of Squire Sanders, 2 Park Lane, Leeds, LS3 1ES.
At the AGM David Jackson, Chairman of Redhall, will make the following statement:-
"Trading remains in line with management expectations for the current year although profits will be heavily weighted towards the second half, which is not unusual in our business. The new management team continues to make progress in resolving legacy issues and in improving the orderbook. The current orderbook now stands at £140m which is a record for the Group and high level prospects remain buoyant. The sale of the non-core businesses announced on the 6th December 2012 is progressing satisfactorily.
"I am pleased to announce that with effect from today we have appointed new joint stockbrokers, Arden Partners and Charles Stanley Securities. We are delighted to be working with Arden and Charles Stanley at a point where the Group is showing positive signs of recovery."
Contacts:
Redhall Group plc | Tel: +44 (0) 1924 385 386 |
David Jackson, Chairman | |
Richard Shuttleworth, Chief Executive | |
Chris Lewis-Jones, Interim Group Finance Director | |
Buchanan | Tel: +44 (0) 20 7466 5000 |
Mark Court, Fiona Henson, Sophie Cowles | |
Arden Partners (Joint Broker) | |
Chris Hardie, Director Corporate Finance | Tel: +44 (0) 20 7614 5929 |
Ed Walsh, Head of Sales | Tel: +44 (0) 20 7614 5964 |
Charles Stanley Securities (Joint Broker) | Tel: +44 (0) 20 7149 6000 |
Russell Cook, Director Corporate Finance | |
Alex Hardwicke, Equity Sales | |
Paul Brotherhood, Sales Trading | |
Altium, NOMAD and Financial Advisors | Tel: +44 (0) 845 505 4343 |
Phil Adams / Simon Lord / Paul Lines |
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