Newmark Security PLC
06 December 2007
Newmark Security PLC ('Newmark Security' or the 'Company')
Trading Update
The Board of Newmark Security is pleased to announce that a favourable
settlement has been reached with regard to a disputed overseas corporation tax
liability which should result in a release to the profit and loss account of
approximately £1.1 million which will be included in the accounts for the second
half of the year ended 30 April 2008. The exceptional profit will form part of
the results of discontinued operations. In addition, the Group's Dutch
subsidiary, Vema NV, has sold its remaining property to realise a gain on
disposal of approximately £50,000, which will similarly be included in the
results for the second half year.
The Company anticipates announcing its interim figures for the 6 months to 31
October 2007 in the middle of December as last year.
Enquiries:
Seymour Pierce Limited
Mark Percy 020 7107 8000
This information is provided by RNS
The company news service from the London Stock Exchange
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