6th Aug 2013 09:09
Tricor plc
("Tricor" or the "Company")
Statement re Share Price Movement
Tricor notes the recent increase in the Company's share price. Further to previous announcements on its investments, the Company has been advised that in Tricor Minerals Pte Limited ("TM"), its first iron sand processing plant is now expected to be in commercial production sometime in October 2013 (rather than by September) and Tricor Environmental Pte Ltd, the sand trading business, has been exploring debt refinancing and fund raising to expand its business, but otherwise there has been no substantial change and the Company knows of no reason for such share price movement.
The Company's annual results for the year to 31 March 2013 are expected to be announced in September.
Enquiries: | |
Tricor plc | Tel: +65 6236 2984 |
Chan Fook Meng, Chairman | www.tricor-plc.org.uk |
Allenby Capital Limited (Nominated Adviser and Broker) | Tel: +44 (0)20 3328 5656 |
Jeremy Porter | |
James Reeve | |
Blythe Weigh | |
Paul Weigh / Halimah Hussain | Tel: +44 (0)20 7138 3208 |
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