25th Jul 2005 07:57
Readybuy PLC25 July 2005 Readybuy plc Board change and trading update The board of Readybuy plc (the "Company") announces that Paul Bennett, ChiefExecutive, will leave the Company on 22 July 2005. The board wishes Paul everysuccess in future roles and thanks him for his contribution. The results of the Company for the year ended 30 April 2005 will be announced on24 August 2005 and trading losses will be in the order of £220,000. In addition, following the cessation of the manufacturing business, the Companywill write-off goodwill of some £650,000 and make provision for the write-downof fixed assets of approximately £150,000. These provisions will be reflectedin the figures for the year ended 30 April 2005. The board is considering the strategic options available with remaining cashbalances and a further announcement will be issued in due course. Colin Davies Chairman This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Avacta Group