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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Armour Grp | LSE:AMR | London | Ordinary Share | GB0000496611 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 3.25 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:6684O Armour Trust PLC 28 July 2000 Armour Trust plc ("Armour") EGM Announcement The Directors are pleased to announce that Armour has today completed the disposal of Polco Products Limited following the passing of the necessary resolution at this morning's extraordinary general meeting. The disposal represents the final stage of the recent strategic reorganisation of Armour, which has been undertaken over the past twelve months. The creation of an Audio Electronics Division by merging Radiomobile into Autoleads, following the latter's acquisition in July 1999, has made a strong and profitable business with excellent growth prospects in the audio and fast developing in-car telematics market. The group is financially stronger now than it has been for some years with pro forma net cash at 30 April 2000 of #5.4 million compared to #3.5 million of net debt at 30th April 1999. This leaves Armour well positioned to develop its current strategy of seeking growth in the technology sector.
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