SAFELAND PLC
26 August 1999
Restatement of post balance sheet NAV
The Chairman's Statement in respect of the results for
the year ended 31 March 1999 stated that the net asset
value per share, after adjusting for the 3.950 million
shares purchased by the Company subsequent to the year
end, would have increased to 60.5p from 53.2p. This
calculation did not, however, take into account the cash
reduction in repurchasing the shares after date. Had the
utilisation of the cash been taken into account the net
asset value per share would have been 55.7p, an uplift of
approximately 11 per cent and not 20 per cent as
previously stated.
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