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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Nature Grp | LSE:NGR | London | Ordinary Share | JE00B3B5FZ40 | ORD 0.2P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 3.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMNGR
RNS Number : 2887J
Nature Group PLC
27 June 2017
Nature Group PLC
("Nature Group" or the "Company" or the "Group")
AGM Statement
At the Annual General Meeting of Nature Group PLC (AIM:NGR) to be held later today, Berend van Straten, Chairman of the Company, will make the following statement:
"As set out in our annual report and accounts for the year ended 31 December 2016, the Company has been working hard to improve the efficiency of its business and to meet the demands of the challenging market in which it operates. The recent delay to a significant Oil & Gas contract, as announced on 15 June 2017, and the absence of new contracts in this division, is further evidence of the difficulties that the Company will continue to face as it endeavours to improve the performance of its existing operations and to widen its product offerings.
As outlined in the final results announcement of 31 May 2017, the Board is closely monitoring the cash position of each of its entities. The Company continues to pursue opportunities but, in the absence of additional material contracts in the short term, the cash position of the Group will continue to deteriorate and it is expected that external financing may be required. Therefore, as well as immediately implementing further reduction in operational cost as well as the Group overhead, the Board is also exploring opportunities to strengthen its balance sheet and the financial position of the Company."
For further information:
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Nature Group PLC
Jan Vesseur, CEO Tel: +31 6462 878 96
Maarten Smits, Tel: +31 6138 207 80
CFO
Berend van Straten, Tel: +31 6268 056 05
Chairman
Cenkos Securities
plc
Neil McDonald Tel: +44 (0)131 220 9771 /
+44 (0)207 397 1953
Beth McKiernan Tel: +44 (0)131 220 9778 /
+44 (0)207 397 1950
Nick Tulloch Tel: +44 (0)131 220 9772
Notes to Editors
About Nature Group
Nature Group combines port reception services and facilities, offshore treatment services and the latest sustainable waste treatment technologies in a steadily growing global network. Nature Group is traded on the AIM market, (ticker: NGR). www.ngrp.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
AGMEANKXAEPXEEF
(END) Dow Jones Newswires
June 27, 2017 05:11 ET (09:11 GMT)
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