Result of AGM and trading update
July 22 2010 - 9:32AM
UK Regulatory
TIDMTNCI
RNS Number : 7878P
Tinci Holdings Ltd
22 July 2010
22 July 2010
Tinci Holdings Limited
the "Company"
Result of Annual General Meeting and trading update
The Directors of Tinci Holdings Limited are pleased to announce that, at the
Company's Annual General Meeting held earlier today, all resolutions put to the
meeting were duly passed.
Trading update
As expected, trading in the first half of 2010 continued to be difficult and a
small loss will most likely be reported when the interim results are released in
late September. Early indications are that trading in the second half of 2010 is
expected to show an improvement on the first half, although it is too early to
predict the financial results for the full year. However, cash flow is expected
to be marginally positive for the full year, despite a further investment in the
Company's associate company developing a new technology relating to
biodegradable plastics.
Enquiries:
Tinci Holdings Limited
David Steeds, Chairman T: +44 (0)7836 578222
Westhouse Securities Limited
Tim Metcalfe T: +44 (0)20 7601 6100
This information is provided by RNS
The company news service from the London Stock Exchange
END
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