AGM Statement and Update on Trading

RNS Number : 1988L

600 Group PLC

29 September 2016

 

600 Group Plc

Result of AGM and update on trading

600 Group Plc, the AIM listed distributor, designer and manufacturer of machine tools and industrial laser systems, is pleased to announce that at the Group's Annual General Meeting held today all resolutions were duly passed.

Mr Paul Dupee, Executive Chairman, made the following statement:

"Whilst trading conditions remain challenging the Group continues to perform satisfactorily.

In addition, I'm pleased to report that the Group pension scheme is performing strongly and is now over 100% funded on a Technical Provisions valuation basis in the latest Actuarial Valuation and remains in a substantial surplus on an accounting valuation basis."

More information on the group can be viewed at: www.600group.com

Enquiries:
The 600 Group PLC	Tel: [phone]
Paul Dupee, Executive Chairman
Neil Carrick, Finance Director
Spark Advisory Partners Limited (NOMAD)	Tel: [phone]
Sean Wyndham-Quin / Miriam Greenwood
Cadogan PR Limited (Financial PR)	Tel: [phone]
Alex Walters
FinnCap (Broker)	Tel: [phone]
Tony Quirke / Mia Gardiner (Sales/Broking)

 

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