Update

RNS Number : 8247X

Worthington Group PLC

24 November 2014

 



Worthington Group plc ("the Company" or "Worthington")

24^th  November 2014

FOR IMMEDIATE RELEASE

Update

Further to the Company's announcement on 10th November, the Company will be applying to lift the suspension of trading in the Company's shares shortly and will be releasing details of the transactions at the same time. 

Commenting on developments, Doug Ware CEO stated "we have used the period of suspension to advance major new investments which we believe will add greatly to shareholder value. We are therefore pleased that we will shortly be in a position to apply for trading in the Company's shares to be resumed"

About Worthington Group Plc ("Worthington")

 Worthington (Stock Exchange LSE: WRN) is a British investment company that  celebrates its 60th anniversary as a London Stock Exchange main market listed company this year. The Company has four areas of investment focus: property, litigation claims, new economy and emerging markets. The Company believes that exceptional shareholder returns can be achieved by utilising its main market Sterling paper to acquire investments in these sectors worldwide.

Note: Forward-looking statements contained in this announcement, including Worthington's strategy and plans, as well as expectations for future revenue and earnings, reflect Worthington's   current views and assumptions with respect to future events and are subject to certain risks, uncertainties and assumptions. There are many factors that may cause actual results achieved to differ materially from expectations for future results and expectations that may be expressed in or form an assumption of such forward-looking statements. Such factors include risks related to the day to day business of Worthington, client volatility, sales fluctuations, the general economic climate, political and environment and  other risks,  cancellations,  software failures and interruption to service to customers due to technical problems, acquisition delays  and failure as well as other uncertainties related to the results of Worthington including risks of delays or closure of projects, price falls, currency fluctuations and changes in contract terms, legislation and administrative practices, as well as competition risk and other unforeseen factors. If one or more of such risks or factors of uncertainty were to materialise, or should one or more of the statements provided prove to be incorrect, actual developments may differ materially from the forward-looking statements contained in this announcement.

Enquiries:

Charlotte Parham, Media information                             Tel: [phone]

or email: [e-mail]

PD Cosec - Company Secretary                                        Tel: [phone]

Website: www.worthingtongroupplc.com

Statement ends.

 

END

 

 

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