AGM Statement

RNS Number : 4869V

Gleeson(M J)Group PLC

13 December 2013

 



Gleeson (MJ) Group PLC

(GLE.L)

AGM Statement

At the Annual General Meeting of M J Gleeson Group plc (GLE.L), the urban regeneration and strategic land specialist, convened for 11:30 am today in London, the Chairman, Dermot Gleeson, will state:

"As regards our trading prospects, I have only a little to add to our recent Interim Management Statement. In the short period since that Statement was published on 19 November 2013, the level of reservations and sales achieved by Gleeson Homes has remained extremely satisfactory; and Gleeson Strategic Land has completed the sale of another green field site with residential planning consent.

In addition, as announced on 6 December 2013, the Group has reached agreement with Lloyds Bank on the terms of a £20 million, three year, revolving credit facility.

Against this background, the Board remains confident that the Group will be able to achieve further growth in revenue and profit in the current year and beyond."

13 December 2013

Enquiries:

College Hill	Tel: [phone]
Mark Garraway
Helen Tarbet
N+1 Singer
Shaun Dobson	Tel: [phone]
Jenny Wyllie

 

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