Information  X 
Enter a valid email address

XL TechGroup, Inc. (XLT)

  Print   

Wednesday 03 October, 2007

XL TechGroup, Inc.

Interim Results correction

XL TechGroup, Inc.
03 October 2007


Press Release                                                    3 October 2007



                               XL TechGroup, Inc.

                       ('XL TechGroup' or 'the Company')



                           2007 Interims - correction



XL TechGroup (AIM: XLT), the systematic architect and builder of an ongoing
stream of high value new companies, advises that an incorrect table was
inadvertently used in the 'Funding of XL TechGroup companies' section on page 17
of the 30 June 2007 interim results that were announced on 28 September 2007.
The correct table and associated text is as follows:



As at 21 September 2007, XL TechGroup's accumulated cash investments in its
portfolio of companies and the related market values consisted of:

                                                      Cash Investment (1) (2)        Market Value (2)

                                                              (US$m)                      (US$m)
AgCert International plc (listed)                               8.0                        18.5
TyraTech Inc. (listed)                                          7.0                        95.1
DxTech LLC                                                     18.4                        n/a
PetroAlgae LLC                                                  6.9                        n/a
QuoNova LLC                                                     3.5                        n/a
GenXL LLC                                                       1.0                        n/a

(1)  Represents cash equity contributions and debt (net of any repayments)

(2)  As at 21 September 2007



The relevant section of the original release shown on the XL TechGroup website
has been corrected.



                                    - Ends -



For further information:
XL TechGroup Inc.
John Scott / Harold Gubnitsky                               Tel: +1 321 409 7403
[email protected]                                    
Chris Munden, Director of Investor Relations           Tel: +44 (0) 20 7398 7720
[email protected]                                             www.xltechgroup.com


Nomura Code Securities
Richard Potts, Corporate Finance                       Tel: +44 (0) 20 7776 1200
                                                              www.nomuracode.com



XL TechGroup media enquiries:
Abchurch Communications
Heather Salmond / Gareth Mead                          Tel: +44 (0) 20 7398 7700
[email protected]                        www.abchurch-group.com




                      This information is provided by RNS
            The company news service from the London Stock Exchange                                                                                                      

a d v e r t i s e m e n t