17th Aug 2007 12:07
Worthington Group PLC17 August 2007 Worthington Group plc17 August 2007 Interim Management Statement Worthington Group plc provides its first Interim Management Statement for theperiod from 1 April 2007 to 30 June 2007, as required by the revised UK ListingAuthority's Disclosure and Transparency Rules. Trading for the period is in line with management expectations with both headoffice costs and rents receivable being in line with budget. Returns on pensionscheme investments for the period continued to perform in line with the chosenperformance benchmarks. We continue in conjunction with our lawyers to pursue repayment of the moniesdue by the former Worthington Manufacturing joint venture company. Since we lastreported in mid July we have received no repayments on the loan monies and it islikely proceedings will be issued. The continuing interest and capital due on the Eccleshill monies of over£300,000 is set for payment on 26th September 2007. We have no further news to report with respect to the redevelopment options atthe Keighley site. We continue to explore suitable investment opportunities for the Group, but nonehave been forthcoming in this short interim period. J C Dwek CBEChairman 17 August 2007 Enquiries:Worthington Group plcJoe Dwek CBE, Chairman Tel: 01625 549082Website :- www.worthingtongroupplc.co.uk This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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