Worthington Group PLC
17 August 2007
Worthington Group plc
17 August 2007
Interim Management Statement
Worthington Group plc provides its first Interim Management Statement for the
period from 1 April 2007 to 30 June 2007, as required by the revised UK Listing
Authority's Disclosure and Transparency Rules.
Trading for the period is in line with management expectations with both head
office costs and rents receivable being in line with budget. Returns on pension
scheme investments for the period continued to perform in line with the chosen
performance benchmarks.
We continue in conjunction with our lawyers to pursue repayment of the monies
due by the former Worthington Manufacturing joint venture company. Since we last
reported in mid July we have received no repayments on the loan monies and it is
likely proceedings will be issued.
The continuing interest and capital due on the Eccleshill monies of over
£300,000 is set for payment on 26th September 2007.
We have no further news to report with respect to the redevelopment options at
the Keighley site.
We continue to explore suitable investment opportunities for the Group, but none
have been forthcoming in this short interim period.
J C Dwek CBE
Chairman
17 August 2007
Enquiries:
Worthington Group plc
Joe Dwek CBE, Chairman Tel: 01625 549082
Website :- www.worthingtongroupplc.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
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