Further recovery of misappropriated monies

RNS Number : 1117B

Safeland PLC

28 March 2013

 



28 March 2013

SAFELAND PLC

Further recovery of misappropriated monies

Safeland announces that it has recovered a further £467,500 in respect of the £1.7 million which was misappropriated.  The total recovered now amounts to approximately £1.2 million. Safeland will also recover a substantial contribution towards the legal expenses it has incurred in connection with these matters.

Safeland continues to seek further recoveries in respect of the amounts lost and announcements will be made as appropriate.

Contacts:

Safeland plc       T: 020 8815 1600

Larry Lipman, Managing Director             

Westhouse Securities Limited   T: 020 7601 6100

Tom Griffiths                    

 

END

 

 

FURLIFITVTITFIV