Notice of Interim Results
June 01 2010 - 1:00AM
UK Regulatory
TIDMATH
RNS Number : 7806M
ATH Resources plc
01 June 2010
+------------------------------+------------------------------+
| Press Release | 1 June 2010 |
+------------------------------+------------------------------+
ATH Resources plc
("ATH Resources" or "the Company")
Notice of Interim Results
ATH Resources plc, one of the UK's largest coal producers, advises that it will
be announcing its Interim Results for the six months ended 4 April 2010 on
Wednesday, 30 June 2010. The Company previously noted within its pre-close
trading update issued on 14 April 2010 that the Interim Results would be
announced on Tuesday, 15 June 2010.
An analyst briefing given by David Port (Non-Executive Chairman), Tom Allchurch
(Chief Executive) and Steven Beaumont (Finance Director), will be held at 9.30
am on Wednesday, 30 June 2010 at Abchurch Communications Ltd, 16th Floor, 125
Old Broad Street, London, EC2N 1AR.
- Ends -
For further information:
+------------------------------------+--------------------------+
| ATH Resources plc | |
+------------------------------------+--------------------------+
| Tom Allchurch, Chief Executive | Tel: +44 (0) 1302 760 |
| | 462 |
+------------------------------------+--------------------------+
| tom.allchurch@ath.co.uk | www.ath.co.uk |
+------------------------------------+--------------------------+
+------------------------------------+--------------------------+
| Seymour Pierce Ltd | |
+------------------------------------+--------------------------+
| John Cowie | Tel: +44 (0) 207 107 |
| | 8000 |
+------------------------------------+--------------------------+
| | www.seymourpierce.com |
+------------------------------------+--------------------------+
Media enquiries:
+------------------------------------+--------------------------+
| Abchurch | |
+------------------------------------+--------------------------+
| Sarah Hollins / Mark Dixon | Tel: +44 (0) 20 7398 |
| | 7729 |
+------------------------------------+--------------------------+
| mark.dixon@abchurch-group.com | www.abchurch-group.com |
+------------------------------------+--------------------------+
Notes to Editors
ATH Resources was listed on AIM, the market for growth companies operated by
London Stock Exchange plc, in June 2004 and operates five surface coal mines in
Scotland; Skares Road, Grievehill and Laigh Glenmuir in East Ayrshire,
Glenmuckloch in Dumfries and Galloway and Muir Dean in Fife. The Group is
currently the third largest producer of coal in the UK producing approximately 2
million tonnes per annum. Coal is used to generate around a third of the UK's
electricity and the Group now holds coal supply contracts with four of the UK's
main electricity generating companies.
In June 2005, having raised GBP18 million by way of an Open Offer, the Group
acquired two new opencast sites, Grievehill and Glenmuckloch in Scotland. The
acquisition increased the Group's reserve base by 160%.
In May 2006, the Group acquired ATH Regeneration a successful coal recovery,
land remediation and regeneration business with a particular focus on colliery
spoil heap reclamation projects. The acquisition, which was earnings enhancing,
allowed ATH Resources to build on its skills as a regenerator of land, whilst
developing strong relationships with key English planning authorities. The
company has been successfully integrated into the Group. The operational
diversification that the acquisition brings to the Group will be a significant
driver of ATH's organic growth going forward both in the UK and overseas and the
business is actively pursuing a number of projects in Australia.
For the 53 week period ended 4 October 2009, the Group achieved turnover of
GBP77.5 million and generated an operating profit of GBP8.6 million.
Further information on ATH Resources can be found at www.ath.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
END
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