Highway Capital PLC Interim Management Statement (8406Y)
30 1월 2014 - 4:00PM
UK Regulatory
TIDMHWC
RNS Number : 8406Y
Highway Capital PLC
29 January 2014
Highway Capital plc
Interim Management Statement
In accordance with the UK Listing Authority's Disclosure and
Transparency Rules, the Company issues its Interim Management
Statement in respect of the period from 1 September 2013 to 29
January 2014.
The Company remains a "cash shell" and the Board continues to
seek opportunities to maximize the value of the Company. In the
meantime, the Company continues to keep expenditure to a minimum in
order to preserve its cash resources. The Company had cash at bank
and in hand of approximately GBP43,000 at 29 January 2014.
On 12 September 2013 the Company raised GBP111,000 of new equity
capital before expenses through an open offer to shareholders. As
indicated in the letter to shareholders of 5 June 2013, the
proceeds of the open offer were used to repay the majority of the
interim loan finance raised prior to the open offer. Apart from
this, no material events or transactions took place during the
period from 1 September 2013 to 29 January 2014, which had an
impact on the financial position or performance of the Company.
30 January 2014
This information is provided by RNS
The company news service from the London Stock Exchange
END
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