2017 Revenue outlook for WGP Group Ltd

RNS Number : 0154S

Thalassa Holdings Limited

16 December 2016

 

16 December 2016

Thalassa Holdings Ltd

(Reuters: THAL.L, Bloomberg: THAL.LN)

("Thalassa", "the Company" or "the Group")

2017 Revenue outlook for WGP Group Ltd

The Board of Thalassa announces that it estimates 2017 operational revenues (currently contracted) will increase by approximately 29% to circa US$15 million compared to estimated 2016 operational revenues of $11.6 million, before taking into account $2.3 million in data sales.

This announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.

Investor Enquiries:

Thalassa Holdings Ltd

   Duncan Soukup, Chairman                                                 [phone]

WH Ireland Limited (Nominated Adviser and Broker)

   Chris Fielding, Head of Corporate Finance                         [phone]

Press Enquiries:

Square1 Consulting (Public Relations)

   David Bick                                                                            [phone]

www.thalassaholdingsltd.com

Note to Editors:

Thalassa Holdings Ltd, incorporated and registered in the BVI and quoted on AIM, is a holding company currently with positions in the Energy Services and Defence and Homeland Security Industries.

 

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