Trading Statement

RNS Number : 8312O

Gresham Computing PLC

06 July 2010

 



Gresham Computing plc ("Gresham" or the "Company")

6 July 2010

Trading update

Gresham, the specialist provider of real-time financial solutions, provides the following trading update and timeline for its half-yearly report announcement.

The Company is pleased to report that the improvement in trading reported for the first quarter of 2010, as announced in the Interim Management Statement dated 28 April 2010, continued through the second quarter to the half year.  As a result, trading remained ahead of management's expectations.  We anticipate reporting a cash balance at 30 June 2010 of approximately £1.9m (£0.7m at 31 December 2009).

The Company also expects to issue its half-yearly report in early August.

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For further information please contact:

Gresham Computing plc	[phone]
Chris Errington, interim CEO
Singer Capital Markets Ltd Shaun Dobson, Partner and Joint Head of Corporate Finance	[phone]
James Maxwell, Director of Corporate Finance

 

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