Holders Technology plc
("Holders Technology" or the "Group")
Providers of specialised materials, equipment and services to the electronics industry
Trading update
Holders Technology (AIM:HDT) announces a trading update for the financial year ending on 30 November 2010.
The Group expects that, due to a stronger than anticipated recovery in the European PCB market and the progress
made in introducing a new range of laminates, profits for the year to 30th November 2010 will be in excess of
current market expectations.
Expansion of LED activities
Holders Technology has been appointed as the European-wide distributor for two leading Taiwanese LED and lamp manufacturers. A new group division, Holders Components, will act as their European distributor, supplying an
established network of sub-distributors covering the major European countries. JK Components Limited, which was
acquired in December 2009, has been renamed Holders Components Limited.
Financing
To finance the anticipated growth in the Group's financial year starting 1st December 2010 in both the laminate
and LED areas of the business, arrangements have been agreed with HSBC Bank plc for borrowing facilities amounting
to £1.55m in total.
For further information, contact:
Holders Technology Plc 020 8731 4336
Mr Rudi Weinreich, Chairman and Chief Executive
Mr Jim Shawyer, Group Finance Director
Astaire Securities Plc - Nomad & Broker 020 7448 4400
Shane Gallwey
Website www.holderstechnology.com
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