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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Bidcorp | LSE:BID | London | Ordinary Share | GB0004690094 | ORD 20P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.00 | - |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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RNS Number:3053R
Bidcorp PLC
12 February 2002
BIDCORP PLC
(Formerly Jacobs Holdings Plc)
Trading Update and Appointment of Chief Executive
Bidcorp Plc (the "Group") is re-evaluating the carrying values of its various
assets and liabilities and it is expected that this will result in a material
decline in its previously reported Net Asset Value.
Trading has been below expectation and the Group expects to make a loss for the
year ended 31 December 2001. Remedial action has been taken and the Board is
confident that operational improvements can be expected in the short term.
Rodger Graham, previously a non-executive director, has, with immediate effect,
assumed the role as Chief Executive of the Group.
12 February 2002
ENQUIRIES:
Bidcorp Plc Tel: (020) 7493 4733
Brian Joffe, Chairman
Rodger Graham, Chief Executive
College Hill Tel: (020) 7457 2020
Gareth David email: gareth.david@collegehill.com
Lisa Pearson email: lisa.pearson@collegehill.com
This information is provided by RNS
The company news service from the London Stock Exchange
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