7th Feb 2014 07:00
7 February 2014
WORK GROUP PLC
(the "Company")
Pre Close Update
Work Group plc (LSE - AIM: "WORK") announces, ahead of its close period in relation to the Company's financial results for the year ended 31 December 2013, that at 31 December 2013 net cash was £1.3m and that the Company continued to have no debt. During the period, and following a strategic review, the Company disposed of Armstrong Craven allowing resources to be focused on the remaining Work businesses, and significantly reducing the Company's cost base.
The Company has recently appointed BDO LLP as auditors, and will announce its preliminary results for the year ended 31 December 2013 before the end of April 2014.
Further enquiries:
Work Group Simon Howard, Executive Chairman | Tel: +44 (0)20 7492 0000 |
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Sanlam Securities UK Limited (Nominated Adviser and Broker) Simon Clements Catherine Miles | Tel: +44 (0)20 7628 2200 |
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INCE.L