New Accounting Ref Date
September 21 2010 - 1:01AM
UK Regulatory
TIDMPROV
RNS Number : 9958S
Proventec PLC
21 September 2010
+------------------------------+------------------------------+
| Press Release | 21 September 2010 |
+------------------------------+------------------------------+
Proventec plc
("Proventec" or the "Company")
Change of Year End
Proventec plc (AIM:PROV, Alternext:ALPTC) announces that it has changed its
accounting reference date ("ARD") from 31 March to 30 September with immediate
effect.
Shareholders will have noted the announcements of 8 July 2010 and 6 September
2010 and a further announcement in respect of the proposed Scheme of Arrangement
will be made in due course. However, in connection with this proposed
re-financing, the Board has resolved to change the Group's annual reporting date
and the current accounting period is therefore being extended to an eighteen
month reporting period to 30 September 2010. This date of 30 September will
become the Group's usual annual reporting date in the future. As a consequence,
the Board expects that the results announcement for the eighteen month reporting
period to 30 September 2010 will be made before the end of December 2010 and the
interim results for the period ending 31 March 2011 will be announced during May
2011.
Thereafter, interim and annual reports will be published each year, for the six
months to 31 March and twelve months to 30 September respectively, in accordance
with the AIM Rules for Companies.
- Ends -
For further information, please contact:
+-----------------------------------+--------------------------+
| Proventec plc | |
+-----------------------------------+--------------------------+
| David Chestnutt, Chief Executive | Tel: + 44 (0) 151 706 |
| | 0626 |
+-----------------------------------+--------------------------+
| dchestnutt@proventecplc.com | www.proventecplc.com |
+-----------------------------------+--------------------------+
+-----------------------------------+--------------------------+
| Seymour Pierce Limited |
+--------------------------------------------------------------+
| Nicola Marrin | Tel: + 44 (0) 20 7107 |
| | 8047 |
+-----------------------------------+--------------------------+
| Corporate Finance | www.seymourpierce.com |
+-----------------------------------+--------------------------+
Media enquiries:
+-----------------------------------+---------------------------+
| Abchurch Communications | |
+-----------------------------------+---------------------------+
| Henry Harrison-Topham / Simone | Tel: +44 (0) 20 7398 7702 |
| Elviss | |
+-----------------------------------+---------------------------+
| henry.ht@abchurch-group.com | www.abchurch-group.com |
+-----------------------------------+---------------------------+
Notes to editors:
Proventec manages a complementary portfolio of integrated businesses that
specialise in hygienic solutions and preventative coatings technologies.
Headquartered in Liverpool, UK, the Company operates in global markets,
pioneering developments within the healthcare, food manufacturing, hospitality
industries, transportation, construction, and other sectors. Companies in
Proventec's portfolio include:
+-----------------+----------------------------------+-----------+
| Company | Business area | Employees |
| | | |
+-----------------+----------------------------------+-----------+
| OspreyDeepClean | The world's leading provider of | 34 |
| | low pressure, chemical-free, | |
| | specialist dry saturated steam | |
| | cleaning technology. | |
| | | |
+-----------------+----------------------------------+-----------+
| Contico | Provider of general cleaning | 45 |
| Manufacturing | products and janitorial | |
| | equipment and supplies. | |
| | | |
+-----------------+----------------------------------+-----------+
| Frank | Manufacturer and distributer of | 22 |
| | automated cleaning systems and | |
| | products including portable high | |
| | pressure washers, self-service | |
| | vehicle wash stations and dry | |
| | steamers. | |
| | | |
+-----------------+----------------------------------+-----------+
| Magma | Develops a wide range fire | 4 |
| Firestop | retardant coatings, for the | |
| | treatment of building and | |
| | thatching materials. | |
| | | |
+-----------------+----------------------------------+-----------+
| InnoShield | Develops transparent coatings | 1 |
| Systems | protecting against UV rays and | |
| | corrosion. | |
| | | |
+-----------------+----------------------------------+-----------+
Proventec Healthcare provides innovative solutions for infection control and
effective cleaning in the healthcare sector. The Company's specialist steam
cleaning technology has been successfully proven in clinical trials with
University College London Hospitals to rid all areas and combat the spread of
micro-organisms, including 'superbugs' such as MRSA and Clostridium difficile.
The Company, which employs a team of five, has developed specialist, patented
tooling, which has been designed to be used within hospitals on a daily basis
and enable the user to clean difficult to reach areas including mattresses, bed
frames and curtains without the use of antimicrobial chemicals that may
contribute to microbial resistance.
The Company joined the AIM Market in June 2002 and was dual listed on Alternext
in May 2008. For further information please visit www.proventecplc.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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