30th Jun 2006 07:00
PLUS Markets Group plcTrading Update 30 June 2006Since launch and with recent additions, the PLUS service has attracted 17broker dealer members. PMG is delighted to have received 22 further applications from potential PLUSbrokers. These applications are being processed over the coming weeks. Inline with usual practice, market notices will be issued in due course inrespect of such brokers who are approved.Investors are reminded, however, of the statement in our 2005 annual reportthat in building a new market, "expenditure.... necessarily precedes revenuesand that this will be most noticeable in the first half of the current year".This continues to be the case.ENDAll press enquiries to: John Parry, Rostron Parry, 020 7490 8062Notes to editors:PLUS Markets Group plc is an independent provider of primary and secondaryequity market services. PMG developed the PLUS service during 2005, withstrong support from leading financial institutions and brokers, to offertrading in listed and unlisted equity securities. PMG also owns and operatesthe Ofex market, which underwent significant development in the same period.The name "Ofex" will shortly disappear, to become part of a unified commercialoffering under the name of "PLUS".ENDPLUS Markets Group plcRelated Shares:
Digitalbox