Result of AGM and trading update


 

TIDMTNCI 
 
RNS Number : 7878P 
Tinci Holdings Ltd 
22 July 2010 
 

 
22 July 2010 
 
                             Tinci Holdings Limited 
                                  the "Company" 
              Result of Annual General Meeting and trading update 
 
The Directors of Tinci Holdings Limited are pleased to announce that, at the 
Company's Annual General Meeting held earlier today, all resolutions put to the 
meeting were duly passed. 
Trading update 
As expected, trading in the first half of 2010 continued to be difficult and a 
small loss will most likely be reported when the interim results are released in 
late September. Early indications are that trading in the second half of 2010 is 
expected to show an improvement on the first half, although it is too early to 
predict the financial results for the full year. However, cash flow is expected 
to be marginally positive for the full year, despite a further investment in the 
Company's associate company developing a new technology relating to 
biodegradable plastics. 
 Enquiries: 
Tinci Holdings Limited 
David Steeds, Chairman                      T: +44 (0)7836 578222 
Westhouse Securities Limited 
Tim Metcalfe                                        T: +44 (0)20 7601 6100 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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