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Share Name | Share Symbol | Market | Type |
---|---|---|---|
ProMIS Neurosciences Inc | NASDAQ:PMN | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.0296 | -1.38% | 2.12 | 2.12 | 2.20 | 2.12 | 2.12 | 2.12 | 95 | 14:30:02 |
RNS Number:8699R Paramount PLC 10 November 2003 Paramount plc Trading Update by Chairman at AGM 10/11/03 The Annual General Meeting of Paramount plc took place today. All the resolutions proposed at the meeting were passed and the Chairman of Paramount plc made the following trading update: "We continue to be encouraged about the prospects for the Groupe Chez Gerard business that we acquired in April 2003. Our actions since we bought the business have been concentrated on returning the Group to profitability and enhancing the cashflow of the underlying businesses. We are in the process of completing the first phase of actions needed to stabilise the business and believe once this stage is complete we will have a core business that is positioned for future growth. Since the year end the Group is profitable and we have completed the sale of 5 loss-making restaurants generating cash proceeds of #855k and one further restaurant is closed and is being marketed for sale. We have thoroughly reviewed the brands in the portfolio and believe that all of them have the potential to be strengthened and developed further. We currently have 20 restaurants operating under the Chez Gerard, Livebait, Cafe Fish and Bertorelli brands, and all restaurants have been cash positive since the year end. We continue to strengthen the management team at Groupe Chez Gerard both by external recruitment and by promotion from within the organisation. Richard Darwin has joined as CFO of Groupe Chez Gerard from Diageo; Tina English has been promoted to Director of Sales and Marketing. Both join the Board of Groupe Chez Gerard Restaurants Ltd. Looking ahead, the Group will continue to work to generate increased profitability to support ongoing shareholder value." Enquiries: Nick Basing, Chief Executive - Paramount plc - 020 7257 8403 Richard Darwin, Chief Financial Officer - Groupe Chez Gerard plc - 020 7257 8403 Tim Robertson, CardewChancery - 020 7930 0777 END This information is provided by RNS The company news service from the London Stock Exchange END AGMBDBDBBGBGGXG
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