THAL Thalassa Holdings Limited

TIDMTHAL

RNS Number : 0154S

Thalassa Holdings Limited

16 December 2016

16 December 2016

Thalassa Holdings Ltd

(Reuters: THAL.L, Bloomberg: THAL.LN)

("Thalassa", "the Company" or "the Group")

2017 Revenue outlook for WGP Group Ltd

The Board of Thalassa announces that it estimates 2017 operational revenues (currently contracted) will increase by approximately 29% to circa US$15 million compared to estimated 2016 operational revenues of $11.6 million, before taking into account $2.3 million in data sales.

This announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.

Investor Enquiries:

Thalassa Holdings Ltd

      Duncan Soukup, Chairman                                                 +33 (0)6 78 63 26 89 

WH Ireland Limited (Nominated Adviser and Broker)

      Chris Fielding, Head of Corporate Finance                         +44 (0)207 220 1650 

Press Enquiries:

Square1 Consulting (Public Relations)

David Bick +44 (0)207 929 5599

www.thalassaholdingsltd.com

Note to Editors:

Thalassa Holdings Ltd, incorporated and registered in the BVI and quoted on AIM, is a holding company currently with positions in the Energy Services and Defence and Homeland Security Industries.

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCDELFFQLFXFBQ

(END) Dow Jones Newswires

December 16, 2016 02:00 ET (07:00 GMT)

Thalassa (LSE:THAL)
Historical Stock Chart
From Apr 2024 to May 2024

Thalassa (LSE:THAL)
Historical Stock Chart
From May 2023 to May 2024