Statement regarding share price movement and pre-close trading
statement
(Thomson Reuters ONE) - 17 September 2009 Winning Pitch Plc (the 'Company') Statement regarding share price movement and pre-close trading statementThe directors of the Company ('Directors') note the recent movementin the Company's share price.A single block of shares was traded in the market by a shareholderwith no connection to the company at a significant discount to thethen current market price.Other than this, the Directors are not aware of any reason behind theshare price movement and confirm that there is no materialinformation relating to the Company or the development of itsbusiness which was not previously announced on 25 June 2009 with theCompany's interim results for the six months ended 27 March 2009.The Directors' make the following pre-close trading statement aheadof the Company's Financial Year End of 25 September 2009.Trading in the second half of the year has continued to be in linewith expectations, and we anticipate achieving a profit for thefull-year ahead of previous expectations. All major contractscontinue to be delivered to plan, and a number of individuallysignificant new contracts have been won in the last three months,augmenting a healthy forward order book into 2010. Alongside this,strong cost controls are operating to ensure we secure profit fromthe growth in revenues.John Leach, Chairman & Chief Executive, commented: 'Our strategy, anda high proportion of fee income, is derived from medium and long-termbusiness support contracts funded by Regional Development Agenciesand Local Authorities. This continues to provide us with a highdegree of stability and opportunities in a difficult economicclimate. I remain confident we will continue to achieve our growthplans and delivery of long-term shareholder value'.The Company is scheduled to release full-year results to 25 September2009 on Monday 14 December 2009.Copies of the interim statement to 27 March 2009 are available fromthe Company Secretary, Winning Pitch plc, One Central Park,Northampton Road, Manchester, M40 5BP.A copy of this announcement is available on the Company's web site:www.winning-pitch.co.ukFor further information, please contact:John Leach, Chairman & Chief Executive Officer Tel: 0161 918 6785 or07768 740052Graham Norfolk, Acorn Capital Tel: 0870 122 5420The Directors of Winning Pitch plc accept responsibility for thecontents of this announcement - ---END OF MESSAGE------END OF MESSAGE---This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 17.09.2009 - 12:10 Uhr
Sprache: Deutsch
News-ID 5915
Anzahl Zeichen: 0
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Town:
London
Kategorie:
Business News
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