Marechale Capital PLC Trading Update (1022W)
10 November 2017 - 4:01AM
UK Regulatory
TIDMMAC
RNS Number : 1022W
Marechale Capital PLC
09 November 2017
9 November 2017
Marechale Capital plc
("Marechale Capital" or the "Company")
Trading update
Marechale Capital announces, ahead of the announcement of its
interim results for the six months ended 31 October 2017, that due
to delays in relation to a number of the transactions it is
involved in, it expects to report an operating loss for this period
of between GBP250,000 - 300,000. This compares with a small profit
of approximately GBP14,000 for the six months ended 30 September
2016. In addition, the Company expects to write down the book value
of its investments by approximately GBP100,000 from their value at
30 April 2017 (the Company's year-end), although this is only a
preliminary estimate at this stage. The Company expects to announce
its full interim results in January 2018.
For further information please contact:
Marechale Capital Tel: +44 (0)20
Mark Warde-Norbury / Patrick 7628 5582
Booth-Clibborn
Smith & Williamson Corporate Tel: +44 (0)20
Finance 7131 4000
Azhic Basirov / David Jones
This announcement is inside information for the purposes of
Article 7 of Regulation 596/2014.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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