Further re Final Results

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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