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Share Name | Share Symbol | Market | Type |
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Ab Science | AQEU:ABP | Aquis Europe | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 1.048 | 0.968 | 1.06 | 0.00 | 08:10:00 |
RNS Number:0558K Associated British Ports Hldgs PLC 15 April 2003 EMBARGO: NOT FOR PUBLICATION OR BROADCAST BEFORE 1.15PM ON TUESDAY, 15 APRIL 2003 ASSOCIATED BRITISH PORTS HOLDINGS PLC ANNUAL GENERAL MEETING STATEMENT SATISFACTORY START TO THE YEAR At today's Annual General Meeting, Bo Lerenius, Group Chief Executive of Associated British Ports Holdings PLC, commented: "I am pleased to report that we have made a satisfactory start to 2003. Since we announced the 2002 annual results in February, and against the background of an uncertain market, the group has continued to add further new revenue-related investments in our core ports and transport business totalling just over #8.0 million. These include a #0.6 million investment in a steel import and distribution facility at the Port of Cardiff under a five-year agreement with Duferco Ltd; a #2.0 million investment in the Port of Grimsby & Immingham, backed by a ten-year agreement with Sea-Cargo AS, which will create additional space for expansion and development, including the continued growth of the Volkswagen Group business, and an agreement in principle with Brittany Ferries to invest #4.3 million, under a 15-year agreement, to enhance the ferry terminal facilities at the Port of Plymouth. We continue to believe that the new long-term contracts which we have secured in our UK ports business over the past three years, together with the group's strong cash flow and diverse spread of geographical and cargo risk, will lead to the group making further progress during 2003." Enquiries: Associated British Ports Holdings PLC Bo Lerenius, Group Chief Executive tel: +44 (0)20 7430 1177 Richard Adam, Group Finance Director Margie Collins, Corporate Communications Manager Finsbury James Murgatroyd/James Leviton/Simon Henson tel: +44 (0)20 7251 3801 15 April 2003 Notes to Editors: Associated British Ports Holdings PLC is a leading provider to shippers and cargo owners of innovative and high quality port facilities and services. The group's principal subsidiary, Associated British Ports (ABP), is the UK's largest and leading ports group, handling almost a quarter of the country's seaborne trade. The group owns and operates AMPORTS in the USA, which handles car imports and exports and provides auto-processing services. The group's property investment and property development activities are focused on opportunities within its ports. The group employs almost 3,000 people, mainly at port locations in the UK and USA. This, and other news releases relating to the group, can be found on the group's website: www.abports.co.uk Photographs: Print resolution images of Bo Lerenius, Associated British Ports Holdings PLC's Group Chief Executive, operational management and general port scenes to accompany this press release, can be viewed and downloaded, free of charge, from www.vismedia.co.uk. This information is provided by RNS The company news service from the London Stock Exchange END AGMNKPKDDBKDCQD
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