Interim Management Statement
19 November 2009 - 6:00PM
UK Regulatory
TIDMWHY
RNS Number : 7268C
White Young Green PLC
19 November 2009
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| For immediate release | 19 November 2009 |
+------------------------------------+------------------------------------+
WHITE YOUNG GREEN PLC
Interim Management Statement
White Young Green plc ("WYG"), the international multi-skilled consultancy,
today provides its Interim Management Statement which covers the period from 1
July 2009 to 18 November 2009.
Trading for the financial year to date is in line with the Board's
expectations. Current trading conditions remain challenging, although there are
variations across the differing markets served by the Group. There remains a
lack of confidence and liquidity in many areas in which we trade, but there are
also some encouraging signs in respect of opportunities and new contract wins.
As announced on 30 October 2009, terms have been agreed with the Group's lenders
for a proposed refinancing and capital restructuring. This is subject to legal
documentation and shareholder approval. A circular is expected to be sent to
shareholders in due course.
For further information, please contact:
White Young Green plc
Tel: 0113 278 7111
Paul Hamer, Chief Executive Officer
David Wilton, Group Finance Director
Buchanan Communications
Tel: 020 7466 5000
Tim Anderson / Lisa Baderoon
This information is provided by RNS
The company news service from the London Stock Exchange
END
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