11th Aug 2008 07:00
|
Press Release |
11 August 2008 |
Interactive Prospect Targeting Holdings Plc
("IPT" or "the Company")
Trading Update
Interactive Prospect Targeting Holdings Plc (AIM:IPH) today announces a trading update. As a result of the Company's ongoing strategic review, overseen by the newly appointed Executive Chairman Nicholas Ward, the Board believes that the UK operations are performing significantly below management's budgets. IPT's French operations are performing in line with management's budgets.
As part of this review the Board is exploring all options for its UK business, which include the possible sale of some of its divisions. The Company is also currently in discussions with its bank regarding its funding requirements. IPT will give a full update in the Interim Results statement due in September 2008.
-Ends-
For further information:
|
IPT Holdings plc |
|
|
Nicholas Ward, Executive Chairman |
Tel: +44 (0) 20 7932 4912 |
|
Canaccord Adams |
|
|
Eli Colby, Corporate Finance |
Tel: +44 (0) 20 7050 6770 |
|
www.canaccordadams.com |
Media enquiries:
|
Abchurch |
|
|
Charlie Jack/Jack Ballantyne |
Tel: +44 (0) 20 7398 7700 |
|
www.abchurch-group.com |
Related Shares:
Stratmin Global Resources