Annual Financial Report

RNS Number : 5037K

Plastics Capital PLC

07 July 2017

 

                                                                                                                 7th July 2017

Plastics Capital plc

("Plastics Capital" or the "Group")

Annual Accounts and Annual General Meeting

Plastics Capital plc (AIM: PLA) the niche plastics products manufacturer, announces that the annual report and accounts for the financial year ended 31 March 2017 has been posted to shareholders today.  An electronic copy of this document is available from the Company's website www.plasticscapital.com and is also available at the registered office of the Company.

Shareholders will also receive a notice of the annual general meeting of the Company which will be held at the offices of Plastics Capital, London Heliport, Bridges Court Road, London, SW11 3BE on 1 August 2017 at 14.00.

For further information, please contact:

Plastics Capital plc	Tel: [phone]
Faisal Rahmatallah, Executive Chairman
Nick Ball, Finance Director
Cenkos Securities	Tel: [phone]
(Nomad and joint broker)
Mark Connelly
Callum Davidson
Allenby Capital Limited	Tel: [phone]
(Joint broker)
David Hart
Katrina Perez

Notes to Editors

Plastics Capital is a niche manufacturer of specialist plastic products.  Applications for these products vary widely and examples include:

·     Packaging for the food manufacturing and distribution - films, sacks and pouches

·     Steering columns and instrument control knobs in the automotive industry - plastic ball bearings

·     Hydraulic and industrial rubber hose manufacture - various types of plastic mandrel

·     Cardboard box manufacture - plastic creasing matrices

Plastics Capital's business model is based on understanding customers' problems in depth, and then developing and mass producing proprietary, technical solutions for these problems.

The business operates through two divisions, Films and Industrial, and has the majority of its production in six UK based factories, with a further three factories in Asia.  Approximately 45% of its £65 million sales are made outside the UK to more than 80 countries.

Further information can be found on www.plasticscapital.com

 

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