5th Aug 2008 11:44
red24 plc
Result of AGM
At the Company's AGM held today, Simon Richards, Chairman, made the following statement:
"As I indicated in the Chairman's Statement that accompanied the Report and Accounts, additional revenue streams have been generated since the year end and, if these are maintained, we would expect to be able to report our first half year's profit in November."
All the resolutions proposed at today's meeting were passed and the Company will now apply to have the deferred shares cancelled. This should be completed before the end of the year and will have the effect of virtually eliminating the deficit on profit and loss account.
---ENDS---
|
red24plc Simon Richards |
020 3291 2741 |
|
Threadneedle Communications Josh Royston / Graham Herring |
020 7653 9844 |
|
HB Corporate Luke Cairns / Rory Creedon |
020 7510 8600 |
Notes to Editors:
red24 plc is a provider of security risk management services, offering preventative and reactive advice to help individuals avoid and manage personal risks to themselves and their families. The products are distributed through leading international financial service companies.
Related Shares:
REDT.L