Share Name Share Symbol Market Type
600 Group Ord GBP0.01 NEX:SIXH.GB NEX Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 14.75p 14.00p 15.50p - - - 0 05:10:00

600 Group PLC AGM Update on Trading

20/09/2017 7:00am

UK Regulatory (RNS & others)


600 Group Ord GBP0.01 (NEX:SIXH.GB)
Historical Stock Chart

3 Months : From Sep 2017 to Dec 2017

Click Here for more 600 Group Ord GBP0.01 Charts.

TIDMSIXH

RNS Number : 2217R

600 Group PLC

20 September 2017

600 Group Plc

(the "Company")

AGM update on trading

Ahead of the AGM today the 600 Group Plc, the AIM listed distributor, designer and manufacturer of machine tools and industrial laser systems is pleased to announce a trading update:

Trading in the current financial year continues to be in line with the Boards expectations. Order and quote activity remain good and current order books in machine tools are up 60% and industrial lasers 36% on the same time last year. Whilst our markets always remain subject to world economic and political influences these levels of order books gives us confidence in our trading going into the second half of the financial year.

Additionally we are pleased to report that the Group pension scheme continues to perform strongly and remains over 100% funded on a Technical Provisions valuation basis and various options for the scheme are being considered.

The Company is in the process of undertaking a direct subscription for approximately 8,615,384 new ordinary shares of 1p at a subscription price of 13 pence per ordinary share. The direct subscription will raise approximately GBP1.12 million before expenses. The Company expects to make a further announcement later today of the completion of this direct subscription.

More information on the group can be viewed at: www.600group.com

 
 Enquiries: 
------------------------------  --------------------------- 
 The 600 Group PLC               Tel: 01924 415000 
------------------------------  --------------------------- 
 Paul Dupee, Executive 
  Chairman 
------------------------------  --------------------------- 
 Neil Carrick, Finance 
  Director 
------------------------------  --------------------------- 
 Spark Advisory Partners         Tel: 020 3368 3553 
  Limited (NOMAD) 
------------------------------  --------------------------- 
 Matt Davis/ Miriam Greenwood 
------------------------------  --------------------------- 
 Cadogan PR Limited (Financial   Tel: 020 7499 5002 / 07771 
  PR)                             713608 
------------------------------  --------------------------- 
 Alex Walters 
------------------------------  --------------------------- 
 FinnCap (Broker)                Tel: 020 7600 1658 
------------------------------  --------------------------- 
 Tony Quirke/Mia Gardiner 
  (Sales/Broking) 
------------------------------  --------------------------- 
 

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

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCLLFETALIALID

(END) Dow Jones Newswires

September 20, 2017 02:00 ET (06:00 GMT)

1 Year 600 Group Ord GBP0.01 Chart

1 Year 600 Group Ord GBP0.01 Chart

1 Month 600 Group Ord GBP0.01 Chart

1 Month 600 Group Ord GBP0.01 Chart
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:40 V:gb D:20171211 07:45:23