7th Sep 2006 11:22
Radstone Technology PLC07 September 2006 NOT FOR RELEASE OR DISTRIBUTUTION IN OR INTO AUSTRALIA, CANADA OR JAPAN. For Immediate Release 07 September 2006 Radstone Technology PLC ("Radstone" or the "Company") Further Comment regarding AGM Statement 'Reject Eurotech's Inadequate Offer' Commenting on Eurotech President Roberto Siagri's response to Radstone's AGMStatement Jeff Perrin, Chief Executive of Radstone said: "We have noted Roberto Siagri's comments on the Radstone AGM Statementconcerning the Radstone order book. The Radstone AGM Statement stated that the order book at the end of August 2006was 5% ahead of the same period last year. The order book level at the end of August 2006 was £93.4M. Expressed in US$, thecurrency in which the majority of Radstone orders are placed, the order book atMarch 2006 was $163M and had grown by 9% to $177M in the five months to August2006. In light of the continued strength of the order book, the Board remains highlyconfident in the prospects for the Group in the current year and beyond. We reiterate that shareholders are strongly advised to take no action". Enquiries: Radstone plc For today: 020 7466 5000 Jeff Perrin, Chief Executive Peter Cavill, Director Close Brothers Corporate Finance Limited Tel: 020 7655 3100 Andrew Cunningham David Wardrop JPMorgan Cazenove Tel: 020 7588 2828 Julian Cazalet Shona Graham David Harvey-Evers Buchanan Communications Tel: 020 7466 5000 Tim Thompson Mob: 07710 718 649 Nicola Cronk Mob: 07973 313 365 Susanna Gale Close Brothers Corporate Finance Limited, which is regulated by The FinancialServices Authority Limited in the United Kingdom, is acting for Radstone and noone else in connection with this matter and will not be responsible to anyoneother than Radstone for providing the protections afforded to customers of CloseBrothers Corporate Finance Limited nor for providing advice in relation to thismatter. JPMorgan Cazenove, which is regulated by The Financial Services AuthorityLimited in the United Kingdom, is acting for Radstone and no one else inconnection with this matter and will not be responsible to anyone other thanRadstone for providing the protections afforded to customers of JPMorganCazenove nor for providing advice in relation to this matter This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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